Question

A laptop computer is purchased for

$1850. After each year, the resale value decreases by

25%. What will the resale value be after 4 years?

round your answer to the nearest dollar.

Step 1

A laptop is purchased for $1850. After each year, the resale value decreases by 25%.

Let the resale value be R(t) at the time t,

Step 2

The resale value after 4 years, so ...

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