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.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Chris Gonzales asked Oct 5, 2023

168,912 views

8 votes

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.

Mathematics
high-school

Chris Gonzales asked Oct 5, 2023

by Chris Gonzales

2.8k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

16 votes

Answer:

2426.55 or 2456.549148

Explanation:

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

Skay answered Oct 11, 2023

by Skay

3.1k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions