A tractor costs $12,250 and depreciates in value by 6% per year. How much will the tractor be worth in 6 years?

Question

Audrina Palmer

Mathematics

11 April, 11:55

A tractor costs $12,250 and depreciates in value by 6% per year. How much will the tractor be worth in 6 years?

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Answers (1)

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Collin Tucker · Answer 1

Answer: $7,840

Step-by-step explanation:

Multiply then 12,250 by 6% or 0.06 to get 735 then multiply the 735 by 6 because that's how many years there are and you get 4,410 then subtract that from the 12,250 to get how much the tractor will cost after 6 years.