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  • 16-11-2021
  • Mathematics
contestada

A manufacturer bought a new rolling press for $48,000. It has depreciated in
value at an annual rate of 15%. What is its value 5 years after purchase? Round
to the nearest hundred dollars.

Respuesta :

s600128 s600128
  • 16-11-2021
48,000x0.15= 7,200 per year
7,2000x5 =36,000
48,000-36,000=$12,000 (value after 5 years)
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