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28 March, 22:33

A laptop computer is purchased for $2700. Each year, it's value is 70% of its value the year before after how many years will laptop computer be worth $500 or less

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  1. 28 March, 22:52
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    Answer: 5 years!

    Reasoning:

    Year 1: 2700 x. 70=1890

    Year 2: 1890 x. 70 = 1323

    Year 3: 1323 x. 70 = 926.1

    Year 4: 926.1 x. 70 = 648.27

    Year 5: 648.27 x. 70=453.79
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