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Solve the Problem $2400\$ 2400 It Depreciated 23%23 \% Of Its Original Cost in the First Year

Question 11

Multiple Choice

Solve the problem.
-Angela bought a computer for $2400\$ 2400 . It depreciated 23%23 \% of its original cost in the first year. In the second year, it depreciated 11%11 \% of its remaining value. What is the value of the computer at the end of the second year? Round your answer to the nearest cent.


A) $1422.96\$ 1422.96
B) $1584.00\$ 1584.00
C) $2051.28\$ 2051.28
D) $1644.72\$ 1644.72

Correct Answer:

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