SOLUTION: The value V of a stand-by generator after t years of depreciation is given by the formula V(t) =57000e^−0.2t + 3500. Approximately how many years will it take for the value t
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Question 1101063: The value V of a stand-by generator after t years of depreciation is given by the formula V(t) =57000e^−0.2t + 3500. Approximately how many years will it take for the value to depreciate to
$5,000?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Take the natural log of both sides
and
It will take 18 yrs and 2 mos to
depreciate to $5,000
-----------------------------
check:
close enough
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