A local parts shop buys a machine that costs 500,000. It’s value depreciates exponentially each year by 10%. Whats is the machines value after 5 years?

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asked Feb 16, 2019 205k views

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A local parts shop buys a machine that costs 500,000. It’s value depreciates exponentially each year by 10%. Whats is the machines value after 5 years?

Mathematics
high-school

Fricke asked

by Fricke

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$500000 * .10 = 50000 \\ 50000 * 5 = 250000|$
It would be worth $250,000 after 5 years

Rogier answered Feb 19, 2019

by Rogier

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