203,535 views
22 votes
22 votes
Rhonda bought a new laptop for $500. The laptop

depreciates, or loses, 10% of its value each year. The

value of the laptop at a later time can be found using

the formula A - P(1 - 1)', where P is the original

value, r is the rate of depreciation written as a decimal,

and t is the number of years since it was purchased,

What will the laptop be worth in two years?

In two years, the laptop will be worth $________.

The solution is ______ ?

User Meatballs
by
3.0k points

1 Answer

11 votes
11 votes

Answer:

405

Explanation:

A = P(1-r)^t

A = 500 (1-.1)^2

A = 500 (.9)^2

= 500*0.81

= 405

User Matan Tubul
by
2.4k points