SOLUTION: Your tablet will lose 30% of its value each year. If your tablet is now worth $800, how much was it worth 5 years ago?

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Question 1192293: Your tablet will lose 30% of its value each year. If your tablet is now worth $800, how much was it worth 5 years ago?
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
Five years ago, some value v
v%280.7%29%5E5=800
v=800%2F%280.7%5E5%29
.
.