Brian buys a computer for £3600.
It depreciates at a rate of 5% per year.
How much will it be worth in 2 years?
Give your answer to the nearest penny where appropriate.
Answers
Answered by
5
Answer:
£ 864.36
Step-by-step explanation:
putting formula
P(1-r/100)^n
=900(1-2/100)^2
=900*(0.98)^2
=900*0.9604
=864.36
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