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22 October, 16:59

A wedding valued at $38.000 depreciates at a steady rate of 9% per year. What Is the value of the wedding machine in 10 years.

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  1. 22 October, 17:33
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    So, let's start with the equation.

    Since it is decreasing by 9%, it is 91% of what it was before.

    38*0.91^x=y

    Let's replace x with 10.

    38*0.389416118118107

    ≈14.80

    The value of the wedding machine in ten years is $14.80.
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