Question

A TRACTOR IS WORTH $15,450 and depreciates 14% a year, how much is it worth after 3 years?
a. 22,889. 85
b. 15, 450. 00
c. 8, 451. 28
d. 9,827. 07

Answer 1

15450+14%=17613*2

Answer 2

That gives me 35226.
where do i go from there?

Answer 3

Do you still need help?

Answer 4

@theredhead1617 Yes pleaseeee c;

Answer 5

Okay this is how you do it 15450 * 0.86^3 witch will give you $9,827.07

Answer 6

15,450(1-0.14)^n

15,450(0.86)^3

15,450(0.636056)

9,827.0652

I recall that being the formula

Answer 7

^ Or you can do that to. Either way we both have the same answer.

Answer 8

Technically there's a formula for this.

Answer 9

Thankss can we like ll exchange medals?

Answer 10

@tHe_FiZiCx99 can you give @theredhead1617 A medal and then ill give you a medal please?