Alaptop computer is purchased for $2500. after each year, the resale value decreases by 25%. what will the resale value be after 5 years? use the calculator provided and round your answer to the nearest dollar.

$593.26

Step-by-step explanation:

We know that the price of the laptop is $2500 and each year its resale value decreases by 25%. It means that 100 - 25 = 75% of the value is retained every year for the resale.

So, the resale value for 1st year = $1875

for 2nd year =   $1406.25

for 3rd year =   $1054.7

for 4th year =   $791.01

for 5th year =  $593.25

Or we can use the following formula to find its resale value after 5 years:

$593.26

answer: add the !

step-by-step explanation: then we will answer

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