Question

A powerful computer costs $1500, but on average, it loses 20% of its value each year. How much will it be worth 4 years from now

step by step please

Answer 1

0.2%

Explanation:

well if the computer is 100% value and within 4 years it loses 20% a year you would have to take the 100% and then 20% x 4 is 80% which would lead to 0.2%