Question

What is the value of a laptop that is 1700.00 with a decrease of 35% for 5 years

Answer 1

`\bf \qquad \textit{Amount for Exponential Decay}\\\\ A=I(1 - r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ I=\textit{initial amount}\to &1700.00\\ r=rate\to 35\%\to (35)/(100)\to &0.35\\ t=\textit{elapsed time}\to &5\\ \end{cases} \\\\\\ A=1700.00(1-0.35)^5`