tae2081 tae2081
  • 01-04-2021
  • Mathematics
contestada

A home was sold in 2010 for $250,000. Its value
depreciated by 3.4% yearly. What is the value of the
house in 2012?

A home was sold in 2010 for 250000 Its value depreciated by 34 yearly What is the value of the house in 2012 class=

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 01-04-2021

Depreciation formula: starting value x (1-rate)^time

250,000(1-0.034)^2 years

250000(0.996)^2= $233,289

The answer is $233,289

Answer Link
angelwillowheve
angelwillowheve angelwillowheve
  • 01-04-2021

Answer:

$233,289

Step-by-step explanation:

250000 *.034=8500

250000-8500=241,500

repeat

Answer Link

Otras preguntas

List two issues in sports that can disturb the implementation of nation -building.
The circumference of a spherical pincushion is 2 cm pi. Find the surface area of the pincushion. Express your answer in terms of pi.
What is the difference between the sex chromosemes in human male and females
Andys total bill for lunch is 20 dollars.the cost of the drink is 15 percent of the total bill and the ref is the cost of the food.what percent of the total bil
I want an explanation for number 7 please
What function do mirrors serve in reflecting telescopes????
What provisions were the main part of the northwest ordinance?
The flat, colored,ring-shaped membrane of the eye is called:
Why has it been difficult to travel by land in greece?
A chemical property is determined by the following: