SOLUTION: A computer that was purchased for $6000 depreciates at a rate of 13.4% per year. An equation modeling this is, f(x)=6000(0.866)^x, where x is the number of years. What is the comp

Question 1199149: A computer that was purchased for $6000 depreciates at a rate of 13.4% per year. An equation modeling this is, f(x)=6000(0.866)^x, where x is the number of years.
What is the computer worth after 2 years?
When will the value of the computer be $2530?
Answer by Edwin McCravy(20055) (Show Source): You can put this solution on YOUR website!

I think your f(x)=6000(0.866)x should be f(x)=6000(0.866)^x.

So post it again as f(x)=6000(0.866)^x where the ^ points up where
the exponent is supposed to go.  If you write x down on the line with
everything else it will look like multiplication by x instead of to
the x power.

Edwin

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