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Precalculus

ool and die company buys a machine for $175,000 and it depreciates at a rate of 30% per year. (In other words, at the end of each year the depreciated value is 70% of what it was at the beginning of the year.) Find the depreciated value of the machine after 5 full years.

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  1. what is
    175000(.7)^5 ??

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  2. sorry didnt get whole question.

    A tool and die company buys a machine for $175,000 and it depreciates at a rate of 30% per year. (In other words, at the end of each year the depreciated value is 70% of what it was at the beginning of the year.) Find the depreciated value of the machine after 5 full years.

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  3. geez - even so, Reiny gave you the answer ...

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