PLEASE HELP! WILL GIVE BRAINLIEST! “a piece of machinery valued at $175,000 depreciates at 10% per year by the fixed rate method. Afte

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PLEASE HELP! WILL GIVE BRAINLIEST!
“a piece of machinery valued at $175,000 depreciates at 10% per year by the fixed rate method. After 12 years, what is the value of the machinery?”

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Kim Cúc 4 years 2021-08-16T10:44:48+00:00 1 Answers 11 views 0

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  1. Sigrid
    0
    2021-08-16T10:46:43+00:00
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    Answer:

    $49425.1688842

    Step-by-step explanation:

    Use formula: v=c*(p^t), where v is the price now, c is the cost price, p is the 100-the depreciation percentage and t is the time/years passed)

    0.9¹²(175000)

    0.28242953648(175000)

    49425.1688842

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