The value of a computer is $1200. It loses 20% of its value every year. Write a function the represents the value y (in dollars)
of the computer after t years. The find the value of the computer after 5 years.
1 answer:
<em>y = 1200(.80)^t Plug in 5 for t (time).</em>
<em>y = 1200(.80)^5 </em>
<em>.80^5= 0.33</em>
<em>0.33 x 1200 = 395</em>
<em>Therefore, the value of the computer after 5 years has deteriorated to $396.</em>
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