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21 September, 09:01

You buy a computer for $1200. The value of the computer decreases by 30% each year. Find the value of the computer after 4 years.

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  1. 21 September, 12:06
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    The amount of 30% is $ 1200 * 30 / 100 = $360,

    y1 = $360 (year 1), so let's find y2

    the amount of 30% is $360*30/100 = $108

    let 's find y3,

    the amount of 30% is $108*30/100 = $32.4

    let 's find y4

    the amount of 30% is $32.4*30/100 = $9.72

    so the value of the computer after 4 years is $9.72
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