a company brought a van that had a value of £12 000 each yr the van depreciates by 25%>>more info?

Question

work out the value of the van at the end of three years

Answer 1

After 1 year, the value is 12000 - 3000 = 9000

After 2 years, the value is 9000 - 2250 = 6750

After 3 years, the value will be 6750 - 1687.5 = 5062.5

This could have been written as

12000 X 0.75^3 or 12000 X 0.75 X 0.75 X 0.75

Answer 2

it just means the vans value decreses by 25% each year.

25% of 12,000 is (12000/100) * 25 = 3000.
12000 - 3000 = 9000 this is the value after the first yr.

now there are two types of depreciation - straight line, or reduction. one type is where 25% of 12000 (so 3000) is just subtracted from the vans value each year, the other type is where 25% of the vans price each year is subtracted, altho i cannot remember which is which type.

as this is a maths question i assume it is the latter type.

so after 1 yr the vans value is 9000.

(9000/100) * 25 = 2250 (25% of van value, 9000, after 1 yr)
9000-2250 = 6750 (value after 2 yrs)

(6750/100)*25 = 1687.5
6750 - 1687.5 = 5062.5 is the value after 3 yrs.

Answer 3

van price=12000
End of first year the van value=12000-12000x25/100
=12000-3000
=9000
End of second year the van value=9000-9000x25/100
=9000-2250
=6750
end of third year=6750-6750x25/100
=6750-1675
5075

Answer 4

No, the twelve tribes in Rev are symbolic. in case you notice, 2 of the tribes suggested in Rev weren't area of that unique 12 tribes. And, the Israelites misplaced prefer with God because of the fact of their rebelliousness. The Jews that make of the a hundred and forty four,000 are non secular Jews. (Romans 9:6-8; Matthew 21:40 3)

Answer 5

Use A(1-p/100)^n
=12000* (1- 0.25)^3
= 5062.5