ECONOMICS
COMPOUND INTEREST
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Daniel’s Print Shop purchased a new printer for $35, 000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?
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$23, 219.72
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$136.72
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$51, 710.94
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$16, 710.94
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Explanation:
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