Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. the value of a machine, v, at the end of t years i

The value of a machine, V, at the end of t years is given by...

90.2K

Verified Solution

Question

Basic Math

image

The value of a machine, V, at the end of t years is given by V = C(1-r)', where C is the original cost and r is the rate of depreciation. Find the value of a machine at the end of 4 years if the original cost was $2387 and r = 0.2. Round to the nearest cent.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 Students in a psychology class were presented with a page containing colored rectangles The...

Statistics
Q

FIFO Perpetual InventoryThe beginning inventory of merchandise at Dunne Co. and data onpurchases and...FIFO...

Accounting
Q

Use the table of Laplace Transform along with the two properties to compute the following laplace...

Basic Math
Q

1. How does distance of a prey item affect the net energy gain of the predator? 2....

Biology
Q

Deforestation and forest degradation are the biggest threats to forests worldwide. Deforestation occurs when forests...

Biology
Q

Homer Simpson notices that his shower is covered in a strange green slime His friend...

Geometry
Q

Estimate the limit numerically or state that the limit does not exist 4 sin 9x...

Calculus
Q

Find y if y 2x5 3x4 9 2

Calculus
Q

There the following transactions wrcm are 100,000 shares of common stock outstanding During December, the...

Accounting
Q

Please a correct answer plz 5-9 (L02,3) (Current Assets...

Accounting
Q

Question 11-16 please National Plastics Case...

Accounting
Q

Park Corporation is planning to issue bonds with a face value of $730,000 and a...

Accounting