Depreciated 37171

The initial price of the machine is 23,000 euros. Every year, 12% of its cost is depreciated due to wear and tear. What value will the machine have after six years?

Correct answer:

x =  10681.294 Eur

Step-by-step explanation:

a=23000 q=100%12%=110012=0.88 n=6  x=a qn=23000 0.886=10681.294 Eur



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