christiemiddleton1 christiemiddleton1

10-10-2021
Mathematics

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Colin buys a tv for £800. It depreciates at a rate of 1% per year. How much will it be worth in 2 years? Give your answer to the nearest penny where appropriate

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random28493user random28493user

10-10-2021

Answer: £784.08

Step-by-step explanation:

First find 1% of 800, which is 800/100=£8

800-8= £792 after 1 year

find 1% of 792, which is 792/100=£7.92

792-7.92= £784.08

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