Question

Brian buys a computer for £3100.

It depreciates at a rate of 4% per year.
How much will it be worth in 6 years?
Give your answer to the nearest penny
where appropriate.

Answer 1

2426.55 or 2456.549148

Explanation:

Heres the function 3100(1-0.04)^6 Feel free to check! Hope this helps! ;-)