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Sagot :
The worth of the washer/dryer combo in 4 years would be $1357.22.
What would be the worth in 4 years?
When the value of an asset declines, it is said to be depreciating. This means that the cost of the washer/dryer combo declines with the passage of time.
The formula that can be used to determine the worth of the washer is: FV = P (1 - r)^n
- FV = Future value
- P = Present value
- R = rate of decline
- N = number of years
$2600 x (1 - 0.15)^4 = $1357.22
To learn more about future value, please check: https://brainly.com/question/18760477
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