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OpenStudy (anonymous):
A laptop computer is purchased for $1300. After each year, the resale value decreases by 25% . What will the resale value be after 4 years?
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OpenStudy (dtan5457):
You can go year by year and subtract Year 1: 1400-(.25x1400)=1050 Year 2:1050-(.25x1050)=787.5 Year 3: 787.5-(.25x787.5)=590.625 now just do one more year
OpenStudy (anonymous):
Thank you so much!
OpenStudy (dtan5457):
you got the last year?
OpenStudy (anonymous):
443?
OpenStudy (anonymous):
@dtan5457
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OpenStudy (dtan5457):
yeah, that's about right
OpenStudy (anonymous):
it says no :(
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