Solve the problem.
-A computer is purchased for $\$ 4700$. Its value each year is about $78 \%$ of the value the preceding year. Its value, in dollars, after $t$ years is given by the exponential function $\mathrm { V } ( \mathrm { t } ) = 4700 ( 0.78 ) ^ { \mathrm { t } }$. Find the value of the computer after 7 years.
A) $\$ 643.95$
B) $\$ 502.28$
C) $\$ 825.58$
D) $\$ 25,662.00$

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-A computer is purchased for $\$ 4700$. Its value each year is about $78 \%$ of the value the preceding year. Its value, in dollars, after $t$ years is given by the exponential function $\mathrm { V } ( \mathrm { t } ) = 4700 ( 0.78 ) ^ { \mathrm { t } }$. Find the value of the computer after 7 years.
A) $\$ 643.95$
B) $\$ 502.28$
C) $\$ 825.58$
D) $\$ 25,662.00$

Solve the Problem $4700\$ 4700$4700 Its Value Each Year Is About

Solve the Problem $\$ 4700$ Its Value Each Year Is About