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A desk is purchased for $277. Calculate its worth after depreciating for 5 years if it’s depreciation rate is 20% per year.

A desk is purchased for $277. Calculate its worth after depreciating for 5 years if it’s depreciation rate is 20% per year.
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A desk is purchased for $277. Calculate its worth after depreciating for 5 years if it’s depreciation rate is 20% per year.

User Yosvel Quintero
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8.1k points

1 Answer

7 votes

Answer: After 5 years it’ll cost $90.767.

Explanation:

User Bcf
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