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The value of a company equipment is $25000 and decreases at a rate of 15% per year. What is the value of the equipment after 8 years.

The value of a company equipment is $25000 and decreases at a rate of 15% per year. What is the value of the equipment after 8 years.
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The value of a company equipment is $25000 and decreases at a rate of 15% per year. What is the value of the equipment after 8 years.

User Kertis Van Kertis
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8.1k points

1 Answer

11 votes

Answer: $6812.3

Step-by-step explanation: Just solve decreasing 15% each year

User PaulEdison
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