document.write( "Question 179439: Hello dear tutor, \r
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document.write( "I need help with a certain math problem today that we just learned in class, but I can only get how to do really with like an actual example from my homework, which is why I am here, trying to learn! So here is the question! Thanks so much for helping out! it means ALOT! \r
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document.write( "On federal income tax returns, self-employed people can depreciate the value of business equipment. Suppose a compter valued at $2765 depreciates at a rate of 30% per year. Estimate the number of years it will take for the computer's value to be less than $350.
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Algebra.Com's Answer #134395 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! On federal income tax returns, self-employed people can depreciate the value of business equipment. Suppose a compter valued at $2765 depreciates at a rate of 30% per year. Estimate the number of years it will take for the computer's value to be less than $350. \n" ); document.write( "--------------------------------- \n" ); document.write( "If it depreciates 30% each year it must retain 70% of its value each year. \n" ); document.write( "--------------------------------- \n" ); document.write( "Equation: \n" ); document.write( "A(t) = A(0)*0.70^t \n" ); document.write( "Your Problem: \n" ); document.write( "2765(0.70)^t < 350 \n" ); document.write( "0.70^t < 0.1265823... \n" ); document.write( "Taket the log of both sides to get: \n" ); document.write( "t*log(0.70) < log(0.1265823..) \n" ); document.write( "Solve for \"t\": \n" ); document.write( "t > -0.897627.. / -0.1549020 \n" ); document.write( "t > 5.7948 years \n" ); document.write( "============== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |