Answer:
[tex]\$6,082.70[/tex]
Step-by-step explanation:
we know that
The formula to calculate the depreciated value is equal to
[tex]V=P(1-r)^{x}[/tex]
where
V is the depreciated value
P is the original value
r is the rate of depreciation in decimal
x is Number of Time Periods
in this problem we have
[tex]P=\$15,300\\r=14.25\%=0.1425\\x=6\ years[/tex]
substitute in the formula
[tex]V=15,300(1-0.1425)^{6}[/tex]
[tex]V=15,300(0.8575)^{6}[/tex]
[tex]V=\$6,082.70[/tex]
