Depreciated 37521

The initial price of the machine is 12000 euros. 21% of its price is depreciated yearly due to wear and tear. What value will the machine have after five years?

Correct answer:

x =  3692.47 Eur

Step-by-step explanation:

n=5 a=12000 Eur p=121/100=10079=0.79  x=a pn=12000 0.795=3692.47 Eur



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