A stereo system cost $4,800. It depreciates 12% a year. How much is the system worth after 2 years?

asked Mar 25, 2022 68.0k views

3 votes

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4 votes

Explanation:

3717.21$ is the system worth after 2 years

Issathink answered Mar 26, 2022

4.5k points

4 votes

Answer:

$3717.12

Explanation:

The depreciation per year is 100% - 12% = 88% = 0.88

value after 2 years = $4800 ( 0.88)² = $3717.12

Mpolednik answered Mar 30, 2022

4.4k points

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