A machine depreciates by 1/4 of its value each year. If it cost $50,000 new, what is its value after 8 years?

asked Jan 25, 2022 65.9k views

4 votes

A machine depreciates by 1/4 of its value each year. If it cost $50,000 new,

what is its value after 8 years?

7.7k points

Please log in or register to add a comment.

1 vote

Explanation:

The price of machine=$50000

depreciates rate (R )=1/4×100%

=25%

Sauhardnc answered Jan 31, 2022

7.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.6m questions

11.2m answers