document.write( "Question 147849: The value of a computer depreciates at the rate of 18% per year. If the computer is now worth $1600, find its value 20 months ago. Give your answer to the nearest dollar. What am I supposed to do? \n" ); document.write( "
Algebra.Com's Answer #108230 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! 18% per year is 1.5% per month, which means that for each month the computer is worth .985 as much as the month before. \n" ); document.write( "After 20 months, this is \n" ); document.write( "= $1182.62 \n" ); document.write( "The answer might vary slightly if the depreciation is calculated daily, weekly or yearly, but the period wasn't specified. \n" ); document.write( " |