sequence and series

Question

A manufacturing company having a machine which costs $50000 finds out that the machine depreciates each year of its previous value by 15%. Determine the worth or value of the machine at the end of six years.

Answer 1

For each year multiply the then current value by 0.85, representing loss of 15%.

 

Applied for 6 years, the residual value = 5o,000(0.85⁶).  You may now finish the job, after sufficient study to be able to similar problems on your own.