SOLUTION: Before your high school year starts, you decide to invest into a new laptop that costs $1600. After a year, the value decreases by half. That makes it worth $800 after 1 year, wort

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Before your high school year starts, you decide to invest into a new laptop that costs $1600. After a year, the value decreases by half. That makes it worth $800 after 1 year, wort      Log On

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Question 1155556: Before your high school year starts, you decide to invest into a new laptop that costs $1600. After a year, the value decreases by half. That makes it worth $800 after 1 year, worth $400 after 2 years, $200 after 3 and that same pattern would continue. The value/price of your computer for high school is getting smaller each year by a factor of 1/2. It kind of looks like division by 2, but remember that division by 2 is the same as multiplication by 1/2.

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.

What was your purpose posting it to the forum ?