The value of the laptop in 2011 will be $29920
Step-by-step explanation:
Cost of the laptop = $34000
Rate of decrease in value per year = 4%
Total time = 3 years
The Value decrease in 2011 = (34000 x 4 x 3) /100
= $4080
The value of the laptop in 2011 = 34000-4080
= $29920
The value of the laptop in 2011 will be $29920
