jaiylah2003 jaiylah2003

25-04-2019
Mathematics

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The local parts shop buys a machine that cost $500,000. Its value depreciates exponentially each year by 10%. What is the machines value after 5 years?

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SunnyD2007 SunnyD2007

25-04-2019

$250,000 because if it depreciates by 10% every year for 5 years, that is 50% so 50% subtracted from $500,000 is $250,000

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