huntrobert512 huntrobert512

23-01-2018
Mathematics

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A local parts shop buys a machine that costs 500,000. It’s value depreciates exponentially each year by 10%. Whats is the machines value after 5 years?

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bigwillracing bigwillracing

24-01-2018

[tex]500000 \times .10 = 50000 \\ 50000 \times 5 = 250000| [/tex]
It would be worth $250,000 after 5 years

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