Question

Your new computer costs $2500 but it depreciates in value by about 14% per year

Answer 1

Explanation:

The computer's initial cost is 2500. It decreases by 14% every year. That means the price is multiplied by (100-14)/100=86/100 every year, for x years.

The equation is 2500*(86/100)^3. After three years, it is 2150.