988
A year later will depreciate $294
The following year $253
On the third year $217
The fourth year. $187
And the 5th year. $161
Answer:
Step-by-step explanation:
[tex]100\%-14\%=86\%=0.86\\\\0.86\cdot\$2,100-\text{after the first year}\\0.86\cdot(0.86\cdot\$2,100)=0.86^2\cdot\$2,100-\text{after the second year}\\0.86\cdot(0.86^2\cdot\$2,100)=0.86^3\cdot\$2,100-\text{after the third year}\\\vdots\\0.86^5\cdot\$2,100\approx\$988-\text{after the fifth year}[/tex]
