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You buy a new computer for $1,500. The value of the computer decreases by 6%
every year. How much is the computer worth after 4 years?
$999.80
$1,171.05
$1,008.50
$1,225.35

Respuesta :

raskolnikov

Answer:

$1171.05

Step-by-step explanation:

1500 × (1-(6 / 100))⁴

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 :)

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