Computer

The school purchased the computer 10000. Each year, the price of a computer always depreciates the same percentage as the previous year. After four years, the value of the computer is reduced to 1300. How much percent was the declining price of the computer each year?

Correct answer:

p =  39.95 %

Step-by-step explanation:

10000q4=1300 10000(1+p/100)4=1300 (1+p/100)4=1300/10000  p=100(141300/10000)=39.95%



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