document.write( "Question 61857: After T years, the value of a car purchased for $20,000 is\r
\n" ); document.write( "\n" ); document.write( "v=20,000(.75)^T\r
\n" ); document.write( "\n" ); document.write( "When will this car be worth $500.00?
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Algebra.Com's Answer #42629 by stanbon(75887)\"\" \"About 
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After T years, the value of a car purchased for $20,000 is
\n" ); document.write( "v=20,000(.75)^T
\n" ); document.write( "When will this car be worth $500.00?
\n" ); document.write( "-------------
\n" ); document.write( "500=20000(0.75)^T
\n" ); document.write( "1/40 = 0.75^T
\n" ); document.write( "Take the log of both sides to get:
\n" ); document.write( " -1.60206=T(-0.1249387366)
\n" ); document.write( "T=12.82 years.
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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