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OpenStudy (anonymous):
The cost of a piece of machinery is $45,000. What is the value after five years with a depreciation rate of 12%?
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OpenStudy (anonymous):
A. $21,252.06 B. $23,747.94 C. $42,364.03 D. $44,730.65
OpenStudy (anonymous):
Alrighty, let's look at what happens at the end of the 1st year. The original worth of this item is $45,000 and it loses 12% its value each year. This means that 1 year after purchase, the item has 88% of its original value.
OpenStudy (anonymous):
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