Acomputer valued at $6500 depreciates at the rate of 14.3% per year. find the value (round to the nearest dollar) of the computer after three years.

Given that,

Value of a computer= $6500

Depreciation rate= 14.3%

Now, depreciation after 1st year= 6500 x 14.3%

Depreciation after 1st year= 929.5

Value of a computer after 1 year = 6500 – 929.5= 5570.5

Depreciation after 2nd year= 5570.5 x 14.3%

Depreciation after 2nd year= 796.58

Value of the computer after 2 year=5570.5-796.58=4773.92

Depreciation after 3rd year= 4773.92 x 14.3%

Depreciation after 3rd year= 682.67

Value of the computer after 3 year= 4773.92-682.67= 4091.25

Therefore, the value of the computer after 3 year is $4091 approximately.