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.

Question

asked Apr 17, 2024 50.7k views

1 Answer

Pavel Bernshtam · Answer 1 · 2024-04-24T16:07:38+0000

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.