You buy a new computer for $1,500. The value of the computer decreases by 6%
2 answers:
Answer:
Hey there!
Each year, the computer is (100-6), or 94% of it's original value.
Thus, we have:
Original: 1500
First year: 1500(0.94)
Second year: 1500(0.94)(0.94)
Third year: 1500(0.94)(0.94)(0.94)
Fourth year: 1500(0.94)(0.94)(0.94)(0.94)
Fourth year: 1171 dollars.
Hope this helps :)
Answer:
$1171.05
Step-by-step explanation:
1500 × (1-(6 / 100))⁴
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