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Every year, a video game console that cost $2500 loses around 10% of its value. a) Create an equation to calculate the video game station's worth after two years. b) Determine the value of the video game station 5 years after it was purchased. c) How much did the video game station depreciate by in 5 years?

Every year, a video game console that cost $2500 loses around 10% of its value. a) Create an equation to calculate the video game station's worth after two years. b) Determine the value of the video game station 5 years after it was purchased. c) How much did the video game station depreciate by in 5 years?

PREALGEBRA
PREALGEBRA
15th Edition
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
Chapter5: Decimals
Section5.6: Ratios And Rate
Problem 482E: The average American produces about 1,600 pounds of paper trash per year (365 days). How many pounds...
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Every year, a video game console that cost $2500 loses around 10% of its value. a) Create an equation to calculate the video game station's worth after two years. b) Determine the value of the video game station 5 years after it was purchased. c) How much did the video game station depreciate by in 5 years?
Transcribed Image Text:Every year, a video game console that cost $2500 loses around 10% of its value. a) Create an equation to calculate the video game station's worth after two years. b) Determine the value of the video game station 5 years after it was purchased. c) How much did the video game station depreciate by in 5 years?
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