Question and answer
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?
Question
Asked 7/15/2016 5:18:55 PM
Updated 7/15/2016 7:22:54 PM
2 Answers/Comments
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]
s
Get an answer
Original conversation
User: 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?

Weegy: It would become $1500 after 2 years.
2500 - (2500 * 20/100)*2 = 1500
carlmyers|Points 30|

User: Zeus Industries bought a computer for $2593. It is expected to depreciate at a rate of 30% per year. What will the value of the computer be in 3 years?

Question
Asked 7/15/2016 5:18:55 PM
Updated 7/15/2016 7:22:54 PM
2 Answers/Comments
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]
New answers
Rating
3
$259.30 will be the value of the computer be in 3 years.

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

There are no comments.

Add an answer or comment
Log in or sign up first.
32,274,724
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Egyptians used the Nile to __________ ...
9/21/2020 8:47:35 PM| 5 Answers
I didn’t do my homework; consequently, I did not get credit for the ...
Weegy: The movie was really bad; therefore, many people left early.
9/25/2020 7:18:53 PM| 3 Answers
The effort made by the mother's body to move the baby from the uterus ...
Weegy: The effort made by the mother's body to move the baby from the uterus and through the birth canal is called ...
9/23/2020 1:16:59 PM| 3 Answers
S
L
Points 1531 [Total 1900] Ratings 0 Comments 1531 Invitations 0 Offline
S
L
P
R
P
R
L
P
P
C
R
P
R
L
P
R
P
R
Points 1530 [Total 15285] Ratings 7 Comments 1440 Invitations 2 Online
S
L
P
L
P
P
Points 1519 [Total 9619] Ratings 0 Comments 1519 Invitations 0 Offline
S
L
P
1
L
Points 1185 [Total 5468] Ratings 10 Comments 1085 Invitations 0 Online
S
L
L
1
Points 691 [Total 6607] Ratings 6 Comments 631 Invitations 0 Offline
S
L
P
P
P
1
P
L
Points 637 [Total 8088] Ratings 15 Comments 487 Invitations 0 Offline
S
L
Points 451 [Total 482] Ratings 0 Comments 1 Invitations 45 Offline
S
L
1
Points 296 [Total 4300] Ratings 10 Comments 196 Invitations 0 Offline
S
L
Points 291 [Total 2825] Ratings 3 Comments 261 Invitations 0 Offline
S
L
Points 229 [Total 314] Ratings 1 Comments 219 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.