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Home » Sparkling Lakes & Endless Fun at Farmpark Lake County – Download Our Exclusive Guide! - Abu Waleed Tea

Sparkling Lakes & Endless Fun at Farmpark Lake County – Download Our Exclusive Guide! - Abu Waleed Tea

📅 March 1, 2026 👤 scraface

Mar 01, 2026

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📌 A piece of equipment depreciates in value by 15% each year. If its initial value is $10,000, what will its value be after 5 years?

📌 Use the depreciation formula: \( V = P(1 - r)^n \).

📌 \( P = 10,000 \), \( r = 0.15 \), \( n = 5 \).

📌 Calculate: \( V = 10,000 \times (0.85)^5 \).

📌 \( (0.85)^5 \approx 0.4437 \), so \( V \approx 10,000 \times 0.4437 = 4,437 \).

📌 #### 4,437

📌 A student scored 85, 90, and 88 on three exams. If the final exam is worth double the points of a regular exam, what score is needed on the final to achieve an average of 90?

📌 Let the final exam score be \( x \). The points contribute as \( x \times 2 \).

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