Mathematics, 11.10.2021 08:20, cjjohnson1221

Barry buys a new washing machine. The value of the washing machine depreciates by 20% each year.
(a)
Barry says 'after 5 years the washing machine will have no value'.
Barry is wrong. Explain why.
Barry wants to work out the value of the machine after 2 years.
(b)
By what single decimal number should Barry multiply the value of the machine when new?

Answers: 1

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Barry buys a new washing machine. The value of the washing machine depreciates by 20% each year.