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Maggie just read that her computer, which costs $1,500 new, loses 20% of its value every year. If this estimate is accurate, how much will the computer be worth in 5 years? If necessary, round your answer
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6 votes
6 votes
Maggie just read that her computer, which costs $1,500 new, loses 20% of its value every

year. If this estimate is accurate, how much will the computer be worth in 5 years?
If necessary, round your answer to the nearest cent.

User Zpasternack
by
2.9k points

1 Answer

3 votes
3 votes

Answer:

491.52

Explanation:

1500×.80×.80×.80×.80×.80=491.52

User Kamal Bhardwaj
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3.2k points
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