Mathematics
27.11.2022 03:19
129
287
10
Solved by an expert

A company buys a machine for $225,000 that depreciates at a rate of 30% per year.

A company buys a machine for $225,000 that depreciates at a rate of 30% per year. Find a formula for the value of the machine after n years. V(n) =
Show Answers
rudybelizaire
rudybelizaire
4,8(42 marks)

V(n) =225000*0.7^n

Step-by-step explanation:

In this problem we are expected to model the depreciated value of the machine after some years of purchase (n years)

initial value of the machine is $225,000

after a year it reduces by 30%

Therefore the new value is now 70% of the initial value

= 225000*0.7= 157,500

= $157,500

After another year it reduces by 30%

Hence the new value is

=225000*0.7^2\\\=225000*0.49\\\\\=110250

= $110250

that after n years the value will be

V(n) =225000*0.7^n

Annsanchez5526
Annsanchez5526
4,8(21 marks)

MN=8

Step-by-step explanation:

since AM/AC = AN/AB = 2/5,

then ∆ABC similar to ∆ANM.

since ∆ABC ~ ∆ANM,

then MN || BC.

by similarity

MN = BC•2/5 = 8

Popular Questions about the subject: Mathematics

Which expression is equivalent to 5-1/5-2...
Mathematics
07.12.2020 04:07
5 Select the correct answer. What is the y-intercept of function f? 1-3x...
Mathematics
28.01.2020 17:03
Jamie has saved $8,000.00 towards the purchase of the bicycle. How much more...
Mathematics
20.10.2020 16:35
What is the slope of the line that contains these points?...
Mathematics
09.08.2020 07:36
I need it solved and explaned...
Mathematics
07.06.2020 03:35
PLEASE HELP ASAP Select the correct answer. Which point on the graph represents...
Mathematics
06.01.2022 10:34
-10x^2-4x+2=0 real number solutions...
Mathematics
13.11.2022 20:57

New questions by subject

Which statements correctly describe romans 2 select all correct answers...
History
19.08.2021 05:28
It takes 28 minutes for 7 people to paint 7 walls....
Mathematics
16.07.2021 09:13
Which number is smaller 4.062 x 1023 or 4.0625 x 1023 ? fully explain your...
Mathematics
29.04.2020 00:53
Teacher 7. use the graph to determine the solution of - x2 + 6x - 9 = 0....
Mathematics
21.01.2023 20:56
What is the area of the rectangle below 10, 13...
Mathematics
06.06.2020 00:22
Which linear inequality is represented by the graph? y 2x -4 a mark this...
Mathematics
21.06.2023 09:22
#
#
#
#
# #

We expand our knowledge with many expert answers