Your new computer costs $2500 but it depreciates in value by about 14% per year
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Answer:
Step-by-step explanation:
The computer's initial cost is 2500. It decreases by 14% every year. That means the price is multiplied by (100-14)/100=86/100 every year, for x years.
The equation is 2500*(86/100)^3. After three years, it is 2150.