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Dione Industries bought a scanner for $800. It is expected to depreciate at a rate of 10% per year. What will the value of the scanner be in 2 years?

Answer

$648

$720

$889

$968

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Answers (1)
  1. 25 June, 04:46
    0
    The 10% of $800 is $80

    so at the first year it will be $800 - $80 = $ 720

    and the 10% of $720 is 720*10/100 = $72

    so the value of the scanner be in 2 years will be $ 720 - $72 = $648

    the answer is $648
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