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OpenStudy (dragontears1128):
Zeus Industries bought a computer for $2320. It is expected to depreciate at a rate of 28% per year. What will the value of the computer be in 3 years? Round to the nearest penny
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OpenStudy (hawk):
you know answer?
OpenStudy (dragontears1128):
nope
OpenStudy (hawk):
i think it will be around 1000$
OpenStudy (dragontears1128):
same but not really sure
OpenStudy (hawk):
First we need to calculate the percentage then minus it by 365multiply3 3 years i think
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OpenStudy (dragontears1128):
28%-365*3 Right
OpenStudy (hawk):
28% means 2320/28*100-3 sorry no 365
OpenStudy (dragontears1128):
so 8300 ???
OpenStudy (hawk):
sorry just calculate rate of interest
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