document.write( "Question 697434: A laptop computer is purchased for $1200 . Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $300 or less? \r
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document.write( "Write the answer as a whole number. \n" );
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Algebra.Com's Answer #429992 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! A laptop computer is purchased for $1200 . Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $300 or less? \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let y = year that laptop will be worth $300, or less \n" ); document.write( "Since it loses 70%, or .7 of its value, then: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "After approximately 4 years, it will be worth < $300 ($288.12).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You can do the check!!\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com \n" ); document.write( " |