document.write( "Question 1075780: The local parts shop buys a machine that costs $500,000. Its value depreciates exponentially each year by 10%. What is the machine’s value after 5 years? Round your answer to the nearest integer. \n" ); document.write( "

Algebra.Com's Answer #690435 by jorel1380(3719) $\"\"$ $\"About$

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Let V be the machines' value. Every year, the machine loses 10% of its value; making it worth 90% of what it was the year before. So:
\n" ); document.write( "V=500000*(0.9)^5
\n" ); document.write( "V=500000*0.59049=$295245 as the value of the machine after 5 years. ☺☺☺☺ \n" ); document.write( "

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