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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 peen…

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 peen…
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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 peeny

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User Dmitry Malyshenko
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8.2k points

1 Answer

5 votes
2320x.28= 649.6 So for year one the price would be: $1670.40
1670.4x.28= 467.71 So for year two the price would be: $1202.69
1202.69x.28= 336.75 So for year three the price would be: $865.94
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User Quinnirill
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