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A powerful computer is purchased for $2500, but loses 18% of its value each year. How much will it be
worth 4 years from now?


Sagot :

Answer:

$1130.30

Step-by-step explanation:

Step one:

given data

cost of computer=  $2500

rate of loss per year= 18%

time t= 4 years

Step two:

let us computer the loss per year

Year 1 loss

worth= 2500- 2500*0.18

worth= 2500-450

worth= $2050

Year 2 loss

worth= 2050- 2050*0.18

worth= 2050-369

worth= $1681

Year 3 loss

worth= 1681-  1681*0.18

worth= 1681-302.58

worth= $1378.42

Year 4 loss

worth= 1378.42-  1378.42*0.18

worth= 1378.42-248.1156

worth= $1130.30