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23 September, 13:27

A musical instrument depreciates by 20% of its

value each year. What is the value, after 2

years, of a piano purchased new for $1200?

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Answers (1)
  1. 23 September, 13:50
    0
    The answer is:

    768

    As:

    1200/5=20%=240

    1200-240=960 (after 1 year)

    960/5=20%=192

    960-192=768 (after 2 years)
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