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Dione industries bought a scanner for $800. it is expected to depreciate at a rate of 10% per year. What will the value of the scanner be in two years?
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Dione industries bought a scanner for $800. it is expected to depreciate at a rate of 10% per year. What will the value of the scanner be in two years?

User Josh Allemon
by
8.7k points

1 Answer

4 votes
A=p(1-r)^t
A=800×(1−0.10)^(2)
A=648
User Lqc
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8.7k points
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