Computers depreciate rapidly. If a new computer that costs $1200 loses 40% of its value every year, what is its worth 5 years from now?

241,394 views

39 votes

2.6k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

20 votes

Answer:

$96

Explanation:

a= initial amount

x= time in years

r= decay rate

≈

Adine answered Mar 10, 2022

by Adine

3.0k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers