Question

Computers depreciate rapidly. If a new computer that costs $1200 loses 40% of its value every year, what is its worth 5 years from now?

Answer 1

93.312

Explanation:

This would be decay so we use the formula
`y=a(1-r)^(2)`

in this case a would equal $1200, r would equal 40% (as a decimal) or 0.4 and x would equal 5

`y=1200(1-0.4)^5` plug this into your calculator and you will get 93.312

I hope this helps (Lmk if im wrong )