Answer: In 5 years it will be worth £455
Step-by-step explanation:
Step 1
Given
The cost of the T.V. for Colin = £530.
The rate of depreciation per year = 3%
Time/ period = 5 years
Formulae to be used
F = P X (1 - r) ^ n
where
F = the future value after depreciation
P = the present value.
r =the interest rate per time period
n = the time/ periods
Step 2--- SOLVING
F = P X (1- r) ^ n
F= 530 x (1-0.03) ^ 5
=530 x 0.858734
=£455.129
Rounding up to the nearest penny where appropriate = £455
Then mark it down by less then 1%, of by whatever the number would be.
Answer:
6380
Step-by-step explanation:
You can use your calculator or knowing that 10^3 is 1000 so 6.38 x 1000= 6380.
Your answer will be 1 19/20
hope this helps
Answer:
Divide the price by the number of months to find the monthly rate.
$237.36 ÷ 24 = $9.89 per month
$184.50 ÷ 18 = $10.25 per month
<u>The two year club, Aqua Plus is cheaper</u>
Step-by-step explanation:
