Jasmine bought a new IPhone for $1000. The value of the phone depreciates 10% each year. What will the phone be worth after 4 years?

asked Jan 14, 2022 70.1k views

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2 votes

Answer:

$ 656.1

Explanation:

a = 1000(1 - .1)^4

a = 1000(.9)^4

a = 656.1

Quadwwchs answered Jan 18, 2022

4.8k points

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