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23 votes
Hello and Good Morning! I really really really need some help with these two questions! Thank You!!

Hello and Good Morning! I really really really need some help with these two questions-example-1
User Dragos
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2 Answers

10 votes
Q3 is A
A = P(1-r/100)^n
A= amount, P =original cost paid, r= rate of depreciation, n= number of years.
A= 9500(1- 15/100)^7
A= 9500(1-0.15)^7
A= 9500(0.85)^7
A= 9500(0.3205...)
A=3,045.48
Q4 is C
Plug in the values on the bottom row of the table to each of the options & C is the only one that works.
User Pablo Moretti
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4.5k points
7 votes

1) A is the correct answer for question 1

User Henry Henrinson
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