Solve the Problem $\$ 4500$ Its Value Each Year Is About

question 67

Multiple Choice

Solve the problem.
-A computer is purchased for $\$ 4500$ . Its value each year is about $77 \%$ of the value the preceding year. Its value, in dollars, after $t$ years is given by the exponential function $V ( t ) = 4500 ( 0.77 ) ^ { t }$ . Find the value of the computer after 6 years.

• A) \(\$ 556.08\)
• B) \(\$ 20,790.00\)
• C) \(\$ 937.90\)
• D) \(\$ 722.18\)

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