Question 478240
The Griffins bought a netbook for $250. It the small computer depreciates at a rate of 25% a year, what will it be worth after 3 years?
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Each year, it's worth 75% of what it was, = 0.75*W  (W = worth)
1st yr: 250*0.75 = $187.50
2nd yr: 187.5*0.75 = $140.625
3rd yr: 140.625*0.75 = $105.47
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Or, {{{250*0.75^3 = 105.47}}}