SOLUTION: what is the value of a $1800 computer after 2 years if it depreciates 29% per year

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Question 762593: what is the value of a $1800 computer after 2 years if it depreciates 29% per year
Answer by josgarithmetic(39621) About Me  (Show Source):
You can put this solution on YOUR website!
Find each year's result year-by-year for 2 years.
Year 1: 1800-0.29%2A1800
Year 2: %281800-0.29%2A1800%29-0.29%2A%281800-0.29%2A1800%29

Calculate from that, or try to simplify first if you want.
1800-0.29%2A1800-0.29%2A1800%2B0.29%5E2%2A1800
1800-1800%2A0.29-1800%2A0.29%2B1800%2A0.29%5E2
1800-2%2A1800%2A0.29%2B1800%2A0.29%5E2
1800%281-2%2A0.29%2B0.29%5E2%29 That shows a factorable trinomial-like expression.
1800%281-0.29%29%5E2

RESULT: $907.38