Brian buys a computer for £1600. It depreciates at a rate of 4% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.

amount = £1415.57  

Step-by-step explanation:

given data

computer buy = £1600

depreciates rate = 4% per year

time = 3 year

solution  

we get here amount that is express here as

amount = P ×    ...................................1                                    

here r is rate and t is time put here value

amount will  be              

amount = 1600 ×  

solve it we get

amount = £1415.57  

answer: what are the following choices

mr. india