document.write( "Question 930745: Hi would you please help me with my homework. \r
\n" ); document.write( "\n" ); document.write( "A machine depreciates by 1/4 of its value each year. If it costs $630,000 new, what is its value after 5 years? (Round to nearest dollar)\r
\n" ); document.write( "\n" ); document.write( "My professor said the answer is $149,502\r
\n" ); document.write( "\n" ); document.write( "Will you please show me the steps on how to solve the problem. Thank you.
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Algebra.Com's Answer #565249 by josgarithmetic(39618)\"\" \"About 
You can put this solution on YOUR website!
The simplest possible formulation is \"v=630000%2A%281-1%2F4%29%5Et\" using v for value and t for number of years passed. Same as \"v=630000%283%2F4%29%5Et\". \n" ); document.write( "
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