RosalynneO53184 RosalynneO53184

03-11-2022
Mathematics

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A product initially with a value of $21,800 has been depreciating at 8.1% p.a over 8 years. What is it's current value?

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MaybleZ162444 MaybleZ162444

03-11-2022

we get that:

[tex]v=21800\cdot(0.919)^8=11091.25[/tex]

its current value is $11091.25

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