Status: Waiting for your answers. Problem: A cell phone will depreciate in value at a 5.4% rate. Currently, it is worth $255. What will be its value in 15 years? Calculate the value (to the nearest penny) by using this formula.A = a(1 + r)t Solution: A = (1 - ) A = ( ) A =
Calculate the value (to the nearest penny) by using this formula.