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Question: b alex wants to buy a new water tank that...

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b) Alex wants to buy a new water tank that holds at least 5000 litres to replace an old tank.

He uses the following website link to find a suitable new tank: https://www.watertankfactory.com.au/types/square-steel-water-tanks/

i) Select one of the tanks available. What is the size and price of the tank you 1 have chosen?

ii) If water tanks depreciate at a rate of 15% p.a., in the space below construct a table 2 showing the depreciation and value of the tank that you have chosen over the first 2 years after purchase.

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