document.write( "Question 585112: The value of a piece of equipment has a decay factor of 0.080 per year. After 5 years, the equipment is worth $98,304. What was the original value of the equipment? \n" ); document.write( "
Algebra.Com's Answer #373120 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! The value of a piece of equipment has a decay factor of 0.080 per year. After 5 years, the equipment is worth $98,304. What was the original value of the equipment? \n" ); document.write( "------------ \n" ); document.write( "Its value each year is 0.92 of the previous year. \n" ); document.write( "After 5 years, \n" ); document.write( "Value = OV*0.92^5 = 98304 \n" ); document.write( "OV = 98304/(0.92^5) \n" ); document.write( "OV =~ $149153.02 \n" ); document.write( " \n" ); document.write( " |