A laptop computer is purchased for $1400. After each year, the resale value decreases by 35%. What will the resale value be after 4 years? (Round to the Nearest dollar)

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asked Jul 4, 2024 34.2k views

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James Madison · Answer 1 · 2024-07-11T02:24:21+0000

The resale value of the laptop after each year is calculated by multiplying the previous value by 0.65 (100% - 35% = 65%). After 4 years the resale value will be $250.

A laptop computer is purchased for $1400. After each year, the resale value decreases by 35%. What will the resale value be after 4 years? (Round to the Nearest dollar)

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