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Maggie just read that her computer, which costs $1,500 new, loses 20% of its value every year. If this estimate is accurate, how much will the computer be worth in 5 years? If n…

Maggie just read that her computer, which costs $1,500 new, loses 20% of its value every year. If this estimate is accurate, how much will the computer be worth in 5 years? If n…
asked 224k views
6 votes
Maggie just read that her computer, which costs $1,500 new, loses 20% of its value every

year. If this estimate is accurate, how much will the computer be worth in 5 years?
If necessary, round your answer to the nearest cent.

asked
User Zpasternack
by
7.8k points

1 Answer

3 votes

Answer:

491.52

Explanation:

1500×.80×.80×.80×.80×.80=491.52

answered
User Kamal Bhardwaj
by
8.3k points
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