Initial cost = $30,000
Depreciation rate = 2.5%
Depreciation expense per year = 30,000*2.5/100 = $750
In six years,
Depreciation = 6*750 = $4,500
Value of the tractor = Initial cost - Depreciation = $30,000 - $4,500 = $25,500
I believe you meant the equal signs to be division symbols haha. The next step would be 18/6.
Linear systems that have infinite solutions have the same slope and they have the same line on the graph
Answer:
Okay, so a bit of math is involved, along with steps.
Step-by-step explanation:
Kyra invested $400 at 3% for 3 years. meaning 3% of $400 is 12. 400+12=
Year 1: $412
3% of 412=12.23+412=
Year 2: $424.23
3% of 424.23=12.7+423.23=
Year 3: $435.93
Kyra made $35.93 in investments.
Lishsawn invested $500 at 4% for 2 years. Meaning, 4% of $500 is 20. 500+20
Year 1: $520
4% of 520=20.8+520
Year 2: $540.8
Lishawn made $40.8 dollars in investments. Meaning that Lishawn made $4.87 more dollars
