Question
The value of a new computer reduces to 0.7 of its value after one year. If you bought the
computer on January 2, 2011, for $950, what is it worth on January 2, 2012?
computer on January 2, 2011, for $950, what is it worth on January 2, 2012?
Answers
GPT-4o mini
To calculate the worth of the computer on January 2, 2012, we start with the initial value of the computer, which is $950. The value reduces to 0.7 of its value after one year.
We can calculate the computer's value after one year using the following formula:
\[
\text{Value after 1 year} = \text{Initial value} \times 0.7
\]
Substituting in the initial value:
\[
\text{Value after 1 year} = 950 \times 0.7 = 665
\]
Therefore, the worth of the computer on January 2, 2012, is **$665**.
We can calculate the computer's value after one year using the following formula:
\[
\text{Value after 1 year} = \text{Initial value} \times 0.7
\]
Substituting in the initial value:
\[
\text{Value after 1 year} = 950 \times 0.7 = 665
\]
Therefore, the worth of the computer on January 2, 2012, is **$665**.