Zeus Industries bought a computer for $2471. It is expected to depreciate at a rate of 30% per year. What will the value of the computer be in 4 years?

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asked Jun 5, 2017 46.5k views

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Peter Lemenkov · Answer 1 · 2017-06-10T09:04:00+0000

2471 * 0.3 = 741.3

2471-741.3 = 1729.7=Year 1

1729.7 * 0.3 = 518.91

1729.7 - 518.91 = 1210.79 = Year 2

1210.79 * 0.3 = 363.237

1210.79 - 363.237 = 847.553 = Year 3

847.553 * 0.3 = 254.2659

847.553 - 254.2659 = 593.2871 = Year 4

593.2871 is the answer.

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Zeus Industries bought a computer for $2471. It is expected to depreciate at a rate of 30% per year. What will the value of the computer be in 4 years?

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