Daisy purchased a food processor for $23,000 in the year 2009. It loses its value by 7% per year. What is the price of the food processor in 2012?

Tejas Manohar asked Mar 17, 2022

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18 votes

Daisy purchased a food processor

for $23,000 in the year 2009. It loses its value by 7% per year. What is
the price of the food processor in 2012?

Tejas Manohar asked Mar 17, 2022

2.7k points

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15 votes

Answer:

$18500.21

Explanation:

Good god, that is a really expensive food processor

Zhijian Lin answered Mar 21, 2022

3.3k points

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