A coffee machine was bought for £2,000, it depreciates in value by 8% each year. How much is it worth after 3 years?

Rex Adrivan asked Jun 21, 2023

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Rex Adrivan asked Jun 21, 2023

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18 votes

2000 x 0.92^3 = £1557.38 after 3 years

Howl answered Jun 25, 2023

by Howl

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