Brain buys a computer for £ 2100 it depreciates at a rate of 1% per year. how much will it be worth in 6years give your answer to the nearest penny where appropriate?
Answers
Answered by
0
Answer:
£1977.10
Explanation:
price after 6 years = P ( 1 - R/100 )⁶
→ price after 6 years = £2100 ( 1 - 1/100 )⁶
→ price after 6 years = £2100 ( 99/100 )⁶
→ price after 6 years = £2100 ( 0.99 )⁶
→ price after 6 years = £2100 × 0.941
→ price after 6 years = £1976.2
price after 6 years is £1976.2
Hope this will helpful for you
Answered by
2
Step-by-step explanation:
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➡2100×1℅=21
➡21×6=126
➡2100-126=1974.
therefore answer is £ 1974.....
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