you know that if 15÷3=5 then 5×3=15. if you know that 7÷8=7/8, what can you conclued about the product of 7/8 and 8
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In this question they've given us the formula and they just want us to plug in the numbers and get the value.
P is the original value, P=$600
r is the depreciation rate, r=10%=0.1
t is the time in years, t=2
Answer: $486
