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You buy a computer for $3,000. Its value depreciates by 8% every month. Write an equation to represent the situation. How much is your computer worth after 3 years?
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You buy a computer for $3,000. Its value depreciates by 8% every month. Write an equation to represent the situation. How much is your computer worth after 3 years?

User Mechlar
by
4.9k points

1 Answer

9 votes

Answer:

y=3,000(0.92)^x

Explanation:

your computer is worth $2, 336.04

User Stdunbar
by
4.9k points
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