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Based on her past experiences, a homeowner estimates that appliances lose 22% of their resale value each year. If her estimate is accurate, how much will an appliance currently valued at 1,496 be worth in 10 years?

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解答

Basedonherpastexperiences,ahomeownerestimatesthatapplianceslose22%oftheirresalevalueeachyear.Ifherestimateisaccurate,howmuchwillanappliancecurrentlyvaluedat1,496beworthin10years?

解答

Principal:467.5
求解步骤
Translate the problem into an equation:1496=P(1+0.22⋅10)
求解 P,1496=P(1+0.22⋅10):P=467.5
Principal:467.5

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