170k views
4 votes
A computer sells for

$
900
$900dollar sign, 900 and loses
30
%
30%30, percent of its value per year.

User Fcce
by
3.1k points

2 Answers

1 vote

Answer:

The value of the computer is given by 900(0.7)^t.

Explanation:

A computer sells for $900.

If the price of the computer loses 30% of its value per year, then it is compounded every year.

Now, the price of the computer t years after it is sold will be

900(1 - 30/100)^t = 900(0.7)^t ........... (1)

Therefore, the value of the computer is given by the above equation (1). (Answer)

User Ivan Bajalovic
by
3.3k points
4 votes

Answer:

900(0.7)^t

Explanation:

User Gerriann
by
3.2k points