Part (a)
The error is that the 0.15 should be 0.85 because 1-0.15 = 0.85
If the laptop loses 15% of its value, then it keeps the remaining 85%.
Therefore, the formula should be

I'm assuming the "$1,5000" should have been "$1,500".
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Part (b)
Plug n = 4 into the formula.

The laptop's value is approximately $921.19 at the beginning of the 4th year.