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A laptop computer is purchased $1500. After each year , the resale value decreases by 25%. What will the resale value be after 5 years ? Round to the nearest dollar
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A laptop computer is purchased $1500. After each year , the resale value decreases by 25%. What will the resale value be after 5 years ? Round to the nearest dollar

User Prashanth Debbadwar
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4 votes
If you decrease 1500 by 25%, 5 times, you come up with 355
After 5 years of being decreased by 25% the resale price will be $355
User Tom Mulcahy
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