Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.


Help this is due in 2 minutes

Help This Is Due In 2 Minutes class=

Sagot :

Answer:

The value of the machinery after 5 years is $236.20

Step-by-step explanation:

Generally, we have the depreciation exponential expression as;

V(t) = I (1 - r)^t

V(t) is the value of the machinery at a point in time

I is the initial value or the cost of the machinery when bought which is $400

r is the rate of decrease which is 10% and is same as 10/100 = 0.1

t is the time which is 5 years

Substituting these values;

V(5) = 400( 1 - 0.1)^5

V(5) = 236.196

to the nearest vent, this is $236.20

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.