Question
Daniel's print shop purchased a ner printer for $35000. Each year it depreciates (loses value) at a rate of 5%. what will its approximate value be at the end of the fourth year?
Answers
35,000*(0.95)^4 = $28,508.
(Numbers used in computing taxes and depreciation are customarily rounded to the nearest dollar).
(Numbers used in computing taxes and depreciation are customarily rounded to the nearest dollar).
thanks
Related Questions
daniel's print shop purchased a new printer for $35'000.each year it depreciates (loses value ) at a...
A printer purchased for K6000, depreciates at a flat rate of 15% per year. It will be replaced when...
Daniels print shop purchased a new printer for $35,000. each year it depreciates at a rate of 5%
w...