To find: the currentvalue of laptop computer after using two years.
Answer to Problem 8CFU
Explanation of Solution
Given:
Theactual price of laptop is
The value of computer depreciates every year at the rate of
Calculation:
Let
Now, according to the question,
Therefore, the value of computer depreciates after two year is
Thus, the currentvalue of laptop computer after using two years
Hence, the currentvalue of laptop computer after using two years
Chapter 11 Solutions
Advanced Mathematical Concepts: Precalculus with Applications, Student Edition
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