Question

Depreciation is the decrease in value of an item. Three years ago, Aaron bought a computer for $930. The computer is now worth $570. Assuming the value of the computer depreciates linearly, what is its yearly depreciation?

Answer 1

$120

Explanation:

930-570=360 (Price difference in 3 years)

360 divided by 3= 120 (Price difference for each of the 3 years)