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Sagot :
Answer:
The value of the equipment is $11,400
Step-by-step explanation:
Percents are represented by the following equation:
[tex]\text{ Total}\cdot\frac{percent}{100}=\text{ Equivalent number to the percent}[/tex]Then if your purchase was $14,250 and it depreciated by 20%;
[tex]14,250\cdot\frac{20}{100}=2,850[/tex]Now, the value of the equipment is:
[tex]\text{ \$14,250- \$2,850= \$11,400}[/tex]The value of the equipment is $11,400
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