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Mathematics 18 Online
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

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

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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