SOLUTION: A laptop computer is purchased for $1000 . After each year, the resale value decreases by 35% . What will the resale value be after 4 years? Use the calculator provided and round

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A laptop computer is purchased for $1000 . After each year, the resale value decreases by 35% . What will the resale value be after 4 years? Use the calculator provided and round       Log On


   



Question 1178126: A laptop computer is purchased for $1000 . After each year, the resale value decreases by 35% . What will the resale value be after 4 years? Use the calculator provided and round your answer to the nearest dollar.
Answer by ikleyn(52864) About Me  (Show Source):
You can put this solution on YOUR website!
.

After 4 years, the resale value will be  1000%2A%281-0.35%29%5E4 = 1000%2A0.65%5E4 = 178.51  dollars.    ANSWER

Solved, answered and explained.

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