Zeus Industries bought a computer for $2593. It is expected to depreciate at a rate of 30% per year. What will the value of the

Question

andrew11 [14]

2 years ago

7

Zeus Industries bought a computer for $2593. It is expected to depreciate at a rate of 30% per year. What will the value of the

computer be in 3 years?

Mathematics

1 answer:

Natalija [7] · Answer 1 · 2021-12-07T20:11:43+03:00

Natalija [7]2 years ago

8 0

First year:
.3 x 2593 = 777.9

$2593 - $777.90 = $1815.10

Second year:
.3 x 1815.10 = 544.53

$1815.10 - $544.53 = $1270.57

Third year:
.3 x 1270.57 = <span>381.171

$1270.57 - $381.171 = $</span>889.39900

$889.39900 rounded to the nearest hundredth is $889.40