The value of Huda's business computer is decreasing by \( 15 \% \) each year. Its value, in dollars, \( x \) years from now will be \( 3,000\left(\frac{17}{20}\right)^{x} \). How much is the computer worth now? Show your work.
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To find the current value of Huda's business computer, we start with the formula given for its future value: \[ V(x) = 3000 \left(\frac{17}{20}\right)^x \] The decay rate is \( 15\% \), which means the computer retains \( 85\% \) of its value each year. Therefore, the base of the decay can be expressed as: \[ \frac{17}{20} = 0.85 \] To find the current value \( V(0) \) (the worth of the computer now), we need to set \( x = 0\): \[ V(0) = 3000 \left(\frac{17}{20}\right)^0 = 3000 \times 1 = 3000 \] Thus, the current value of the computer is \( \text{dollars } 3000 \). So, after calculating, we find: \[ \text{Current value of the computer} = \$3000 \]
