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Suppose the value of a computer depreciates at a rate of 25% a year. Determine the value of a laptop computer two years after it has been purchased for $3,750.
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Suppose the value of a computer depreciates at a rate of 25% a year. Determine the value of a laptop computer two years after it has been purchased for $3,750.

User Yann Bodson
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1 Answer

3 votes

Answer:

$1,875

Explanation:

Since the laptop price depreciates by 25% every year, in two years it will depreciate by 50% so multiply the original price by .5.

User Pavel Bernshtam
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