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Emma purchased a refrigerator for $1,450. It depreciates about 0.8% each year. What is the
value of the refrigerator after five years?

1 Answer

5 votes

Answer:

This might be the answer not sure

Explanation:

if it goes down 0.8 % every year it would be 1392

this is what I did 1,450−0.8%−0.8%−0.8%−0.8%

−0.8% I did -0.8% for every year i did 5 times for 5 years

so that the value but if u want the really accurate one then the answer is 1,392.9206056485 i hate myself for doing that but yeah thats it

User Elias Platek
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