SOLUTION: Zeus Industries bought a computer for $2614. It is expected to depreciate at a rate of 19% per year. What will the value of the computer be in 4 years?

Question 982885: Zeus Industries bought a computer for $2614. It is expected to depreciate at a rate of 19% per year. What will the value of the computer be in 4 years?

Found 2 solutions by reviewermath, t0hierry:
Answer by reviewermath(1029) (Show Source): You can put this solution on YOUR website!
Zeus Industries bought a computer for $2614. It is expected to depreciate at a rate of 19% per year. What will the value of the computer be in 4 years?
Solution:
Value after 4 years = = $
Answer by t0hierry(194) (Show Source): You can put this solution on YOUR website!
After one year, the value of the computer is 81% of $2614.
After four years, it is (0.81)^4 times 2614 = $1125
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