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19 January, 08:25

A laptop computer is purchased for $1900. After each year, the resale value decreases by 35%. What will the resale value be after 4 years?

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  1. 19 January, 08:27
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    35% decrease as a multiplier = 1 - 0.35 = 0.65

    1900 x 0.65^4 = 802.75

    $802.75
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