Question

You buy a new computer for $2000. The computer decreases value by 25% each year. Given the equation V(t)=2000(.75)t , where V represents the computer's value in dollars and t represents the time in years. After how many years will the computer be worth half the original value? Give your answer to 3 decimal places.

Answer 1

Answer: You would need 3 years till the total value is less than the 2,000.

Explanation:

Year 1.) 1,500

Year 2.) 1,125

Year 3.) 843.75