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The value of a company's equipment is $25,000 and decreases at a rate of 15% per year. What is the value after 9 years?

The value of a company's equipment is $25,000 and decreases at a rate of 15% per year. What is the value after 9 years?
asked 62.1k views
8 votes
The value of a company's equipment is $25,000 and decreases at a rate of 15% per year. What is the value after 9 years?

asked
User Nico Diz
by
8.0k points

1 Answer

5 votes

Answer:

6,812.26

Explanation:

I found the answer key

answered
User IndieRok
by
8.5k points
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