a carpenter buys a table saw for $1,200. if the value of the table saw depreciates by 10% every year, what…

a carpenter buys a table saw for $1,200. if the value of the table saw depreciates by 10% every year, what is the value of the table saw after 6 years? remaining amount = ?(1 - )^ remaining amount = i(1 - r)^t enter the number that belongs in the green box.

a carpenter buys a table saw for $1,200. if the value of the table saw depreciates by 10% every year, what is the value of the table saw after 6 years? remaining amount = ?(1 - )^ remaining amount = i(1 - r)^t enter the number that belongs in the green box.

Answer

Answer:

$1200$

Explanation:

Step1: Identify the formula variables

The formula for exponential - decay is $A = I(1 - r)^t$, where $A$ is the remaining amount, $I$ is the initial amount, $r$ is the rate of decay, and $t$ is the time. In the given formula "Remaining Amount = [?](1 - [ ])^[ ]", the number in the green box represents the initial amount $I$.

Step2: Determine the initial amount

The carpenter buys the table - saw for $$1200$, so the initial value of the table - saw (the value at time $t = 0$) is $I=1200$. So the number that belongs in the green box is $1200$.