Respuesta :
Answer:
$2728.40
Step-by-step explanation:The formula to calculate depreciation in this case is Value = 17,000(1-.1225)14
Solving for Value after 14 years is $2728.40
[tex]\qquad \textit{Amount for Exponential Decay} \\\\ A=P(1 - r)^t\qquad \begin{cases} A=\textit{current amount}\\ P=\textit{initial amount}\dotfill &17000\\ r=rate\to 12.25\%\to \frac{12.25}{100}\dotfill &0.1225\\ t=years\dotfill &14\\ \end{cases} \\\\\\ A=17000(1 - 0.1225)^{14}\implies A=17000(0.8775)^{14}\implies A\approx 2728.40[/tex]
