Colin buys a tv for £810. It depreciates at a rate of 3% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.
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Answer:
£739.27
Step-by-step explanation:
given, p=810, r=-3%, n=3 years
amount=810(1-3/100)³=810(97/100)³=739.27
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