Gotham purchase a new computer for 17500 its value depreciated at the rate of 8% what will its value 3 years hence
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Answered by
24
Step-by-step explanation:
let the cp of the computer=P=17500
rate of depreciation=R= 8%
time=T=3yrs
price of computer be=A
so,
A=P (1-R/100) (1-R/100) (1-R/100)
=17500 (1-8/100) (1-8/100) (1-8/100)
=17500 (1-2/25) (1-2/25) (1-2/25)
=17500×(23×23×23)/25×25×25
=13627.04
therefore,the required value =13627.04
Answered by
1
Step-by-step explanation:
Gotham purchase a new computer for 17500 its value depreciated at the rate of 8% what will its value 3 years hence
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