Question

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

Answer 1

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.

Answer 2

1) A is the correct answer for question 1