BRAINLIEST HURRY!the griffins bought a netbook for$250.if the small computer depreciates at a rate of 25%a year,what will it be worth afer 3 years
Accepted Solution
A:
Answer:[tex]\$105.47[/tex] Step-by-step explanation:we know that
The formula to calculate the depreciated value is equal to
[tex]V=P(1-r)^{x}[/tex] where
V is the depreciated value
P is the original value
r is the rate of depreciation in decimal x is Number of Time Periods
in this problem we have
[tex]P=\$250\\r=25\%=25/100=0.25\\x=3\ years[/tex]
substitute[tex]V=250(1-0.25)^{3}[/tex] [tex]V=250(0.75)^{3}[/tex] [tex]V=\$105.47[/tex]