Zeus Industries bought a computer for $2500. It is expected to depreciate at a rate of 20% per year. What will the value of the computer be in 2 years?

s

2500 - (2500 * 20/100)*2 = 1500

carlmyers|Points 30|

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Asked 7/15/2016 5:18:55 PM

Updated 7/15/2016 7:22:54 PM

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This answer has been confirmed as correct and helpful.

Edited by jeifunk [7/15/2016 7:21:37 PM], Edited by jeifunk [7/15/2016 7:21:48 PM], Confirmed by jeifunk [7/15/2016 7:21:49 PM]

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3

$259.30 will be the value of the computer be in 3 years.

$2593 - ($2593 *30/100) * 3 = $259.30.

$2593 - ($2593 *30/100) * 3 = $259.30.

Added 7/15/2016 7:22:54 PM

This answer has been confirmed as correct and helpful.

0

Assuming 30% depreciation per year is using straight line method.

therefore, depreciation every year = 2593*0.3 = 777.9

So, Value after 3 years = 2593-777.9- 777.9-777.9 = $259.3

therefore, depreciation every year = 2593*0.3 = 777.9

So, Value after 3 years = 2593-777.9- 777.9-777.9 = $259.3

Added 7/15/2016 7:02:29 PM

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