Question

You buy a computer for $1200. The value of the computer decreases by 30% each year. Find the value of the computer after 4 years.
Please show work! Thanks!

Answer 1

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Answer 2

I just reposted so others could see it. Can you help me?

Answer 3

$1200 original value x 30% decrease = $360 decrease each year
$360 decrease x 4 years = $1,440 total decrease
$1200 original value - $1440 total decrease = -$240.00
The computer has a negative value: -240.00 after four years