Krissada Krissada
  • 20-11-2021
  • Mathematics
contestada

A machine depreciates by 1/4 of its value each year. If it cost $50,000 new,
what is its value after 8 years?

Respuesta :

arjun9765 arjun9765
  • 20-11-2021

Step-by-step explanation:

The price of machine=$50000

depreciates rate (R )=1/4×100%

=25%

Answer Link

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