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A 53 inch flat screen T.V. cost $3000 depreciate it’s price by 3% every 6 months. How much will the price of the T.V. after 2 years?

User Jorgen
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2 Answers

1 vote

I think the answer is $2,342.25

User Jeyhun Rahimov
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8.6k points
4 votes
Since the price increases 3% every 6 months in two years it will have increased by 12% because 6 months happens 4 times in two years.

Saying that you will do

3000 x .12 which equaled 360

Then add the 360 to 3000 which is

3360
User Vamsidhar
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8.5k points
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