autumnrose02
09.03.2021 •
Mathematics
According to one source, the value of a desktop computer decreases at a rate of about 6% per month. The value of a laptop computer decreases at a rate of about 66% per year. Write a function to represent the value of the desktop computer after t years with an initial value of $450. Then, write an equivalent function that represents the value of the desktop computer with only 1 compounding per year. What is the effective yearly rate of the decrease in value of the desktop computer? Which type of computer is decreasing in value at a faster rate?
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