Question

Question 1
Situation 1
You would like to buy a computer. You plan to sell it in 2 years' time because you will need some extra money for your holiday. You visit a showroom and find the model you want for S1600, and that is
exactly the amount you have.
a. If the computer depreciates in value at a rate of 16% p.a., calculate how much will the computer be worth when you plan to sell it in 2 years' time?

b. Calculate your loss if you sold the computer for the amount in question (a).

Answer 1

Answer:

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