Week 344 (10th May 2024)

Sophie has had her current mobile phone for 3 years and is thinking about upgrading it to a newer model.  

The phone originally cost £679.00.   

The value of the phone has decreased at a rate of 4% each year. 

Work out the value of the mobile phone at the end of 3 years. 


We can multiply 679 by the percentage multiplier 3 times for each year.

679 x 0.963 = £600.74