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kelseylynne54

  • 3 years ago

Elektra purchased microwave for $450. It depreciates about 0.6% each year. What is the value of the microwave after eight years?

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  1. nickersia
    • 3 years ago
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    0.006*450 is depreciation for one year, so multiply that by 8 And then take that value of the $450

  2. nickersia
    • 3 years ago
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    450-(8*(450/100*0.6)) = 428.4

  3. kelseylynne54
    • 3 years ago
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    Thank you so much!!

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