Finance
posted by nancy .
suppose a computer that costs $3000 new is only worth after 3 years .What is the average annual rate of depreciation?
Respond to this Question
Similar Questions

Finance
Question 1: You wish to start a project. Your initial investment is $100000. You generate 0 cash flows for the first 2 years but generate $16000 in year 3 and increase by 15% every year till year 7, after which time they decline by … 
math car devalue
James is interested in buying a new cadillac escalade. He did some research and found out thy on average the suv will cost 40,057.07 after 2 years of the purchase, and 19,192.53 after 5years. Find a rule that shows the depreciation … 
Finance
john deposited 3000 into an account with 5% annual interest rate compounde quarterly at the beginning of 2011. the bank guarantees that 5% annual interest rate for the next 10 years if john deposits 3000 every two years. assume that … 
programming
3. Your company needs to depreciate its assets. The accountant wants to record the purchase price, the useful life, and the estimated salvage value. Your program should be able to depreciate by the straightline method. For example, … 
Algebra
The value of a computer bought in 1998 decreases as time passes. Two years after the computer was bought, it was worth $2,600. Five years after it was bought, it was worth $2,000. If the relationship between number of years past 1998 … 
Math
The value of a computer bought in 1998 decreases as time passes. Two years after the computer was bought, it was worth $2,600. Five years after it was bought, it was worth $2,000. If the relationship between number of years past 1998 … 
Math
The value of a computer bought in 1998 decreases as time passes. Two years after the computer was bought, it was worth $2,600. Five years after it was bought, it was worth $2,000. If the relationship between number of years past 1998 … 
Math
A computer depreciates (loses its value) at a rate of 50% the original value every 2 years. If the computer now costs $75 after 6 years, how much did it cost when you bought it new? 
math
vehicles lose value over time. A car is purchased for $23 500, but it is worth only $8750 after eight years. What is the average annual rate of change in the value of the car, as a percent? 
Algebra
Depreciation: The purchase value of an office computer is $12500. Its annual depreciation is &1875. Find the value of computer after 6 years. Aritmetic Sequence