190k views
5 votes
A computer is worth $4000 when it is new. After each year it is worth half what it was the previous year. What will its worth be after 4 years? Round your answer to the nearest dollar.

User Brianmario
by
8.3k points

1 Answer

3 votes

Answer: $250

Explanation:

The computer reduces by half of its value every year. It is originally valued at $4,000 so the value in 4 years can be calculated by the formula:

= 4,000 * 0.5 ^ number of years

= 4,000 * 0.5⁴

= $250

Another method is to reduce by half every year:

First year = 4,000 / 2 = $2,000

Second year = 2,000 / 2 = $1,000

Third year = 1,000 / 2 = $500

Fourth year = 500 / 2 = $250

User Anton Eregin
by
8.4k points

No related questions found

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

9.4m questions

12.2m answers

Categories