Initial cost of the jet ski = $925
Percentage of depreciation per year = 15%
Number of years after which the cost of the jetski has to be determined = 7
Then
Depreciated Value = Initial cost( 1 - percentage of depreciation) ^number of years
= 925( 1 - 15%)^7
= 925( 1 - 15/100)^7
= 925(1 - 0.15)^7
= 925(0.85)^7
= 925 *(0.85)^7
= 925 * 0.3206
= 296.53 dollars
So the depreciated cost of the jet ski after 7 years will be $296.53
Answer:
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Answer:
c.
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"a" would be the correct answer <span />
Answer:
you should know you dont need help so do it by yourself. if you want the awnser you should know or you just dont pay attention in class.1234567890 is your awnser
