Sunday

January 25, 2015

January 25, 2015

Posted by **rio** on Thursday, December 23, 2010 at 4:01pm.

please help and show me your steps in working out this equation

- math -
**Reiny**, Thursday, December 23, 2010 at 4:12pmAfter the first year the value is

25000(.8) = 20000

so after the next 9 years depreciating at 10% would leave

20000(.9)^9

7748.41 or 7750

**Answer this Question**

**Related Questions**

check/ help! - a new car depreciate by 20% in its first year. Each succeding ...

Algebra1 - 3. Jackson bought a car for $11,000.00. After 2 years, the value of ...

maths - ben bought a car for £12,000 each year the value of the car depreciated ...

more logarithms help! - the depreciated value, V, of a car can be calculated ...

Math - Because of a recession, the value of a new house depreciated 10% each ...

statistic - Jim has a 5-year-old car in reasonably good condition. He wants to ...

Math - In 2004, your family bought a new car for $15,000. Each year the value of...

Business - What is the net present value (NPV) of this replacement project? The ...

Finance - What's the net present value (NPV) of this replacement project? The ...

Accounting - Your company is considering a replacement of an old delivery van ...