The value of the car is $956.5938 after 7 years and this can be determined by using arithmetic operations.
Given :
- A gaming computer system and additional equipment was purchased for $2,000.
- The system and equipment depreciate in value by 10% each year.
The following steps can be used in order to determine the total number of years will the computer have a value of less than $1,000:
Step 1 - The 10% of $2000 is $200. So, the value of the car after 1 year is $1800.
Step 2 - The 10% of $1800 is $180. So, the value of the car after 2 years is $1620.
Step 3 - The 10% of $1620 is $162. So, the value of the car after 3 years is $1458.
Step 4 - The 10% of $1458 is $145.8. So, the value of the car after 4 years is $1312.2.
Step 5 - The 10% of $1312.2 is $131.22. So, the value of the car after 5 years is $1180.98.
Step 6 - The 10% of $1180.98 is $118.098. So, the value of the car after 6 years is $1062.882.
Step 7 - The 10% of $1062.882 is $106.2882. So, the value of the car after 7 years is $956.5938.
Therefore, the correct option is C).
For more information, refer to the link given below:
brainly.com/question/25834626
