Frank purchased an air conditioner for $3000. its value depreciates at a rate of 8% each year. how much will the air conditioner cost in 3 years? round your answer to the nearest dollar. reply asap!

$2280

Step-by-step explanation:

Given: Cost of Air conditioner= $3000.

            Rate of depreciation= 8%

            Number of year= 3 years.

Now, finding the depreciation for 3 years.

Depreciation=

Amount of depreciation=

∴ Amount of depreciation in 3 years is $720.

Cost of Air conditioner after 3 years=

⇒ Cost of Air conditioner after 3 years=

∴ Cost of Air conditioner in 3 years is $2280.

The cost of air conditioner after 3 years is $2336 .

Step-by-step explanation:

Given as :

The purchased price of air conditioner = p = $3000

The depreciated rate of air conditioner = r = 8% each year

The time period of depreciation = t = 3 years

Let The cost of air conditioner after 3 years = $A

Now, According to question

The cost of air conditioner after t years = purchased price of air conditioner ×

Or, The cost of air conditioner after 3 years = p ×

Or, A = $3000 ×

Or, A = $3000 × (0.92)³

Or, A = $3000 × 0.77868

∴  A = $2336.04

So, The cost of air conditioner after 3 years = A = $2336.04

Hence, The cost of air conditioner after 3 years is $2336 . Answer

i think its a and d

step-by-step explanation: