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MakcuM [25]
3 years ago
5

Brian buys a computer for £4300. It depreciates at a rate of 3% per year. How much will it be worth in 6 years? Give your answer

to the nearest penny where appropriate.
Mathematics
2 answers:
Lady_Fox [76]3 years ago
7 0

Answer:

In 6 years, the cost of the computer would be £3581.2

Step-by-step explanation:

Brian buys a computer for £4300.. This means that the initial cost of the computer is £4300. It depreciates at a rate of 3% per year. Therefore, rate,

r = 3/100 = 0.03

Let x represent the amount that the computer depreciates to after t years. Therefore

Current amount = initial amount(1 - rate)^time. Therefore,

x = 4300(1 - 0.03)^6

x = 4300(0.97)^6 = £3581.2

aalyn [17]3 years ago
4 0

Answer:

3526

Step-by-step explanation:

4300×3%=129

129×6=774

4300_774= 3526

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