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Sarah bought a scanner for $700. It is expected to depreciate at a rate of 10% per year. What will the value of the scanner be in 2 years?

User Kuba Suder
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1 Answer

4 votes

Answer:

The value of the scanner be in 2 years $560.

Step-by-step explanation:

Sarah bought a scanner for $700

It is expected to depreciate at a rate of 10% per year

depreciate value is = x * r / 100

Depreciate value(x) =700 × 10 /100

x=70

The value of a scanner after 2 years

Value = 700−2(70)

Value = 700−140

Value = 560.

The value of the scanner be in 2 years $560.

User Martin Blech
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