Question

A desk is purchased for $277. Calculate its worth after depreciating for 5 years if it’s depreciation rate is 20% per year.

$90.77

$689.26

$69.23

$554

$0

Answer 1

Answer:$0

Step-by-step explanation: The answer is $0 because per year there is a 20% depreciation rate, which after 5 years it adds up to 100%

20(5)=100. If it is 100% depreciated then that means that there is no worth.