Question

The equation L(t)=2,000(0.8)t represents the value of a laptop t years after purchase.
Complete the sentence.
The laptop cost $
2,000
when it was purchased, and its value is decreasing at a rate of
% each year.


Answers

GPT 3.5
The laptop cost $2,000 when it was purchased, and its value is decreasing at a rate of 20% each year.