Each year, a $2400 computer depreciates by 25%. By how much will it depreciate in the second year?
.75*2400 = 1800 = value after first year
.25*1800 = 450
Ahhh I read the question wrong. Thank you for helping
To find out how much the computer will depreciate in the second year, we need to calculate 25% of its original value.
Step 1: Calculate 25% of $2400:
25% of $2400 = 0.25 x $2400 = $600
Therefore, the computer will depreciate by $600 in the second year.
To find out how much the computer will depreciate in the second year, we need to calculate 25% of its original value. Let's break it down step by step:
1. Calculate the depreciation in the first year:
$2400 * 25% = $2400 * (25/100) = $600
2. Subtract the depreciation in the first year from the original value:
$2400 - $600 = $1800
Now, we have the value of the computer after the first year, which is $1800.
3. Calculate the depreciation in the second year:
$1800 * 25% = $1800 * (25/100) = $450
Therefore, the computer will depreciate by $450 in the second year.