Jasmine purchased a laptop worth $1,500 in 2007. It loses its value by %32 each year. What is the value of the laptop in 2010? Round to the nearest cent.

$471.65

Step-by-step explanation:

-The value of the laptop after each year is calculated by the formula:

where:

is the value at time t

is the initial value

is the rate of depreciation

is the time

#We substitute the values to solve for the value after 3 years(2010-2007=3):

Hence, the value of the laptop in 2010 is $471.65

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step-by-step explanation:

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$4

step-by-step explanation:

$30×5=$150

$150 minus $130=$20

$20÷5=$4.

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