jordantay208
14.06.2021 •
Mathematics
Calculate the book value of a new maxi taxi costing $44000 after 5 years if it depreciates each year by 13% a. $22,930.52 b. $21,930.52 c. $23,930.52
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Ответ:
A=$21930.52
Step-by-step explanation:
Given data
Principal =44000
Time =5years
Rate of depreciation =13%
The expression for the depreciation is
A=P(1-r)^t
Substitute
A=44000(1-0.13)^5
A=44000(0.87)^5
A=44000*0.4984209207
A=21930.52
Ответ:
Did you mean 8 THOUSANDS + 6 ones + 8thousandths? If so, then the answer is 8,006.008