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Brian buys a computer for £1100. It depreciates at a rate of 5% per year. How much will it be worth in 2 years? Give your answer to the nearest penny where appropriate.

Brian buys a computer for £1100. It depreciates at a rate of 5% per year. How much will it be worth in 2 years? Give your answer to the nearest penny where appropriate.
asked 61.9k views
5 votes
Brian buys a computer for £1100.

It depreciates at a rate of 5% per year.
How much will it be worth in 2 years?
Give your answer to the nearest penny where appropriate.

asked
User Orr Siloni
by
7.4k points

1 Answer

3 votes

Answer:£992.75

Explanation:

1100x(95over100) to the power of 2

into the calculator and you will get £992.75

answered
User NTP
by
7.7k points
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