Solved

Solve the Problem $4500\$ 4500 Its Value Each Year Is About

Question 67

Multiple Choice

Solve the problem.
-A computer is purchased for $4500\$ 4500 . Its value each year is about 77%77 \% of the value the preceding year. Its value, in dollars, after tt years is given by the exponential function V(t) =4500(0.77) tV ( t ) = 4500 ( 0.77 ) ^ { t } . Find the value of the computer after 6 years.


A) $556.08\$ 556.08
B) $20,790.00\$ 20,790.00
C) $937.90\$ 937.90
D) $722.18\$ 722.18

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions