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could someone help me with this? its exponential decay You won a new gaming computer worth $2500. It depreciates at a rate of 40% per year. When will the computer be worth less than $1000?
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i need helppp-
for exponential decay: y = A(1-r)^t where y is the final price, A is the initial price, r is the decay rate as a decimal, and t is time (in years) plugging things in 1000 = 2500(1-0.4)^t. solve for t. in this type of situation, you would probably round t up to the nearest year because depreciation on items is usually only measured once per year.
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