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Mathematics, 06.11.2020 03:10 alevans7144

Two students were asked to find the value of a $1000 item after 3 years. The item was depreciating (losing value) at a rate of 40% per year. Which is incorrect? Explain the error. Student 1: `1000(0.6)^{3}=$216` Student 2: `1000(0.4\right)^{3}=\$64`

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Two students were asked to find the value of a $1000 item after 3 years. The item was depreciating (...
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