A surveying firm bought a GPS system for $12,500. The GPS depreciated by a fixed rate of 6% each year. How much is the GPS worth after 5 years?

asked Jul 22, 2021 43.1k views

5 votes

A surveying firm bought a GPS system for

$12,500. The GPS depreciated by a fixed rate
of 6% each year. How much is the GPS worth
after 5 years?

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5 votes

Answer:

Explanation:

6-3=3

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