asked 68.3k views
4 votes
You buy a new computer for $1500. The value of the computer decreases by 6% every year. How much is the computer worth after 4 years?

1 Answer

6 votes

Answer: Your computer will be worth $1,171.12

Explanation:


a_n = 1500(0.94)^4\\a_n=\boxed{1171.12}

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User Jocki
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