A Tool and Die Company Buys a Machine for $175,000

Multiple Choice

A tool and die company buys a machine for $175,000 and it depreciates at a rate of 50% per year.(In other words,at the end of each year the depreciated value is 50% of what it was at the beginning of the year. ) Find the depreciated value of the machine after 5 full years. ​

A) $5470.75
B) $5467.75
C) $5468.75
D) $5471.75
E) $5469.75