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  • 26-07-2016
  • Mathematics
Answered

Zeus Industries bought a computer for $2320. It is expected to depreciate at a rate of 28% per year. What will the value of the computer be in 3 years? round to the nearest peeny

Verified Answer :

kcombs
kcombs kcombs
  • 26-07-2016

2320x.28= 649.6  So for year one the price would be: $1670.40
1670.4x.28= 467.71 So for year two the price would be: $1202.69
1202.69x.28= 336.75 So for year three the price would be: $865.94

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