Depreciated 37521

The machine's initial price is 12000 euros. Wear and tear depreciates 21% of its price yearly. 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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