document.write( "Question 942213: Nintendo brand’s value decreased by 11.2% from 2002 to 2003. Assume this continues. If the company had a value of $9,220,000 in 2002, write an equation for the value of Nintendo for t years after 2002. \n" ); document.write( "

Algebra.Com's Answer #574359 by TimothyLamb(4379) $\"\"$ $\"About$

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depreciation formula:
\n" ); document.write( "v = c(1-r)^t
\n" ); document.write( "where:
\n" ); document.write( "v = final value
\n" ); document.write( "c = initial value
\n" ); document.write( "r = percent (as decimal) depreciation per time period, typically per year
\n" ); document.write( "t = depreciation time periods, typically years
\n" ); document.write( "---
\n" ); document.write( "v = 9220000*(1-0.112)^t
\n" ); document.write( "v = 9220000*(0.888)^t
\n" ); document.write( "---
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