Sam purchased a laptop at $800 each year the laptop will lose 12% of its value each year what would it be the approximate value of Sam's laptop after 7 years​

$326.94

Step-by-step explanation:

For this equation you are going to do a exponential function, since we are working with percents. To do this you will make the equation

(starting price)x(1-percent)^(t) t=years

which will create the equation

800(0.88)^t

You will then plug in t=7

800(0.88)^7 =

800(0.409) =

326.94 (you will cut it off at the hundredth position because it is working with money)

$326.94

Step-by-step explanation:

2

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answer: -1

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