A laptop computer is purchased for $750. After each year, the resale value decreases by 30%. What will the resale value be after 3 years?
Use the calculator provided and round your answer to the nearest dollar.

The resale value of the laptop after 3 years will be approximately **$257**.

Would you like more details or have any questions? Here are some related questions to consider:

1. What would the resale value be after 5 years?
2. How much value does the laptop lose each year in dollars?
3. What would the resale value be if the depreciation rate was 25% instead of 30%?
4. How does the resale value change if the initial cost is $1,000?
5. Can you calculate the total depreciation after 3 years?
6. What if the depreciation was compounded semi-annually instead of annually?
7. How much value is retained after 2 years?
8. How would the resale value change if the laptop was only depreciating by 10% per year?

**Tip:** Understanding exponential decay is key to solving problems like this, where value decreases by a consistent percentage over time.

Discover how to calculate the resale value of a laptop after 3 years with a 30% annual depreciation rate. Get an approximate value of $257 after 3 years with detailed step-by-step calculation. Explore related questions on depreciation and exponential decay.

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