Colin buys a tv for £800. It depreciates at a rate of 4% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate

£707.8

Step-by-step explanation:

Given data

Price=  £800

Rate= 4%

Time= 3 years

Let us apply the compounding formula

A=P(1-r)^rNote the negative sign is because of depreciation

substitute

A= 800(1-0.04)^3

A= 800(0.96)^3

A=800*0.884736

A=  £707.8

Hence the value will be £707.8

$53.50

step-by-step explanation:

you have to subtract the amount of money chuck earned ($72.50) by the cost of the gas for the mower ($11.25) and the new string for the trimmer he bought ($7.75).

72.50-11.25=61.25

and then subtract $61.25 by the second thing he bought (the new string for the trimmer)

61.25-7.75=53.5

so in total it's $53.50 (53 dollars and 50 cents)

equal to

step-by-step explanation: