Nicholas bought a new computer for $1,250. The value of the computer decreases by 17 percent every year. Approximately how much is the computer worth after 5 years?

The computer worth $ 492.38 after 5 years.

Step-by-step explanation:

If the value of an item depreciates by r% then the value of the item after t years is given by :-

, where = initial value.

Given: =$1,250, r=17% , t= 5 years

Then, the value of computer after 5 years =

Hence, the computer worth $ 492.38 after 5 years.

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