14
QuizMath Formula

Automobile Ownership — Test

Question 14 • Financial Algebra/Mathematics

A piece of business equipment valued at $150,000 depreciates by 5% per year. The correct equation for the value of the equipment after x years is: y= [Blank 1] ( 1− [Blank 2] ) ^x

Answer

Math Formula Answer:

150000|0.05

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