FunkyGoblins101 FunkyGoblins101

28-11-2018
Mathematics

contestada

A jet ski depreciateseason at 11% of its original value each year. If the jest ski was $8,000 at its time of purchase, what is the value of the jet ski after 5 years?

Respuesta :

jimgauditor jimgauditor

29-11-2018

Answer: $3,600

Step-by-step explanation:

Yearly depreciation is 11% of $8,000, which is $880.

5 years times $880 = $4,400.

Original price of $8,000 less depreciation of $4,400 leaves a book value of $3,600.

Answer Link

desiree112503 desiree112503

09-02-2022

Answer:

$4,467.25

Step-by-step explanation:

it was right on the quiz

Answer Link

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