A 53 inch flat screen T.V. cost $3000 depreciate it’s price by 3% every 6 months. How much will the price of the T.V. after 2 years?

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dejuannelsonjr1017 dejuannelsonjr1017

03-12-2020
Mathematics

contestada

A 53 inch flat screen T.V. cost $3000 depreciate it’s price by 3% every 6 months. How much will the price of the T.V. after 2 years?

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greggory88 greggory88 · Answer 1 · 2020-12-03T20:31:44+01:00

greggory88 greggory88

03-12-2020

Since the price increases 3% every 6 months in two years it will have increased by 12% because 6 months happens 4 times in two years.

Saying that you will do

3000 x .12 which equaled 360

Then add the 360 to 3000 which is

3360

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JasonAlati40 JasonAlati40 · Answer 2 · 2020-12-03T20:32:52+01:00

JasonAlati40 JasonAlati40

03-12-2020

I think the answer is $2,342.25

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