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Jasmine bought a new IPhone for $1000. The value of the phone depreciates 9% each year. What will the phone be worth after 4 years?​

Jasmine bought a new IPhone for $1000. The value of the phone depreciates 9% each year. What will the phone be worth after 4 years?​
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4 votes
Jasmine bought a new IPhone for $1000. The value of the phone depreciates 9% each year. What will the phone be worth after 4 years?​

User Aryerez
by
8.1k points

1 Answer

3 votes
The phone will be worth 685.74$
User Hughgo
by
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