Question

You buy a touch iPod for $200, but it loses value at a rate of 10% each year. How much is your phone worth after 3 years?

Answer 1

Answer:

145.8

Step-by-step explanation:

200 times .9 times .9 times .9

Because it is 3 years

Answer 2

Answer:

$266.20

Step-by-step explanation:

o=200

r=.1

t=3

w=200(1+.1)^3

w=200(1.331)=266.2