Depreciation. Brittany, a graduating senior in high

Chapter 12, Problem 91

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Depreciation. Brittany, a graduating senior in high school, receives a laptop computer as a graduation gift from herAunt Jeanine so that she can use it when she gets to the University of Alabama. If the laptop costs $2000 new and depreciates 50% per year, write a formula for the value of the laptop n years after it was purchased. How much will the laptop be worth when Brittany graduates from college (assuming she will graduate in 4 years)? How much will it be worth when she nishes graduate school? Assume graduate school is another 3 years.

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