Sophie's computer is depreciating at a rate of 3% per year. She bought the computer for $1200. What will the computer's value be after 5 years?

Plz help!

Respuesta :

kk877
well first you would find out what 3% is
[tex]1200 \times .03[/tex]
then multiply the answer by 5
[tex]x \times 5[/tex]
the subtract that from 1200
[tex]1200 - y[/tex]
the answer should come out as 1020.