joshuadieudonne14
joshuadieudonne14 joshuadieudonne14
  • 18-03-2021
  • Mathematics
contestada

Drake buys a ring that costs $8,000, which depreciates at a rate of 9.5% per year.
What is the value of Drake's ring after 7 years? Round to the nearest cent.

Respuesta :

yawngyawng06
yawngyawng06 yawngyawng06
  • 18-03-2021

Answer:

$1129.93

Step-by-step explanation:

100 - 9.5 = 90.5

8000 - 90.5 = 7909.5

7909.5 ÷ 7 = 1129.93

i hope this helps

Answer Link

Otras preguntas

mvjutinjtnvutnvtebtbtb
Which governmental policy has been responsible for helping move from command to a mixed market economy China? A. Limiting population growth B. Discouraging ties
Around the time of the American Revolution, U.S. citizens began to develop a sense of national identity. This sense of "being an American" was based largely on
COLLABORATIVE DISCUSSION With a partner, discuss which parts of Colin Powell's life you found most interesting Point out examples in both tects that support you
Can someone help me with this?
Please somebody help
Find one value of x that is a solution to the equation:(x^2– 8)^2 + x^2 – 8 = 20x=​
If you were to make a story of 2 best friends what would be the plot?
I need to know the correct way it goes
Select the incorrect statement concerning responsibility reports. The reports should show clearly the budgeted and actual amounts of controllable revenues and