Question

A computer valued at $2500 loses 6.5% of its value every year. How much will it be worth in 4 years?

Answer 1

Answer:

The computer will be worth $1,850 after four years.

Step-by-step explanation:

We need to find 6.5% of $2,500.

2,500 x 0.065 = $162.50

Therefore, the computer value decreases by $162.50 each year. Since we need to know the computer value after 4 years, we also need to multiply the value of decrease by 4.

162.5 x 4 = $650

Therefore, after 4 years, the computer value will decrease by $650.

To find the whole computer value after 4 years, we need to subtract the initial value of $2,500 by the 4-year decreasing value of $650.

2,500 - 650 = $1850

Therefore, the computer will be worth $1,850 after four years.

Hope this helps! :D