Zeus Industries bought a computer for $2857. It is expected to depreciate at a rate of 24% per year. What will the value of the computer be in 3 years?

Question

welshfella · Answer

start again!!

Value after x years = 2487 - 2487*0.24x

Plug x = 3 into the above to find the value after 3 years.

welshfella · Answer

{note 24 % = 0.24 }

welshfella · Answer

so just replace the x in the formula by 3 and work it out on your calculator.

welshfella · Answer

can you do that?

welshfella · Answer

note that 0.24x  means ' 0.24 times x'  so here you would use '0.24 times 3'.

thickgirl_angel · Answer

0.72?

welshfella · Answer

yea so putting that into the full equation we have
value after 3 years = 2487 - 2487*0.72