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5 July, 21:00

A laptop computer is purchased for $2250. After each year, the resale value decreases by 25%. What will the resale value be after 3 years?

Use the calculator provided and round your answer to the nearest dollar.

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Answers (2)
  1. 5 July, 21:09
    0
    2250 (75/100) ^2

    =1265.625

    =1266
  2. 5 July, 21:09
    0
    The resale price is

    2250 (1-25/100) ^3

    =$949 (nearest dollar)
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