Question

5. Mr. Young bought a laptop for his small business for $ 1599. The value of the laptop depreciates at a rate of 19% each year Use the formula V = c * (1 - 0.19) ^ t , where V is the depreciated value, c is the initial cost, and t is the time in years, to determine the value of the laptop after 4 years.

Answer 1

The initial cost over 4 years?? What are you talking about