Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

A business purchases a computer system for $3,000. The value of the
system decreases at a rate of 15% per year. What is the computer system
value after 5 years?

Sagot :

subtog

Answer: $6335.76

Step-by-step explanation:

you would do 3,000 times 105% = 3450

then you would do 3450 times 105% = 3967.5 then you would do 3967.5 times 105% = 4562.62 then you would do 4562.62 times 105% = 5247.01 next you would do 5247.01 times 105% = 6034.06 finally you would do 6034.06 times 105% = 6335.76