The value is 500,000. It depreciates by five percent for six years. What is the cost
Answers
Answered by
3
Answer:367,545.9453125
Step-by-step explanation:
1st year= 500,000*5/100=25000
2nd year= 475000*5/100=23,750
3rd year= 451,250*5/100= 22,562.5
4th year =428,687.5*5/100=21,434.375
5th year=407,253.125*5/100=20,362.65625
6th year=386,890.46875*5/100=19,344.5234375
6th year=367,545.9453125
Similar questions