Brian buys a computer for £1100. It depreciates at a rate of 5% per year. How much will it be worth in 2 years? Give your answer to the nearest penny where appropriate.

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asked Apr 26, 2021 61.9k views

5 votes

Brian buys a computer for £1100.

It depreciates at a rate of 5% per year.
How much will it be worth in 2 years?
Give your answer to the nearest penny where appropriate.

Mathematics
high-school

Orr Siloni asked

by Orr Siloni

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1 Answer

3 votes

Answer:£992.75

Explanation:

1100x(95over100) to the power of 2

into the calculator and you will get £992.75

NTP answered May 2, 2021

by NTP

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