Question

A new computer costs $1500 but it depreciates in value by 18% each year.

Write an equation that represents the value of the computer after x years.

Answer 1

V(x) = 1500 * (1 - 0.18)^x

Explanation:

The equation that represents the value of the computer after x years can be written as:

In this equation, V(x) represents the value of the computer after x years. The initial value of the computer is $1500, and it depreciates by 18% each year, which is equivalent to multiplying the previous year's value by (1 - 0.18). The exponent x represents the number of years.