Delta has decided to start a side business as a photographer. She purchases a camera for $1600 but it loses value at 12.5% per year. How much will her cameras be worth after 5 years? Round to the nearest cent.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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Delta has decided to start a side business as a photographer. She purchases a camera for $1600 but it loses value at 12.5% per year. How much will her cameras be worth after 5 years? Round to the nearest cent.
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