document.write( "Question 697434: A laptop computer is purchased for $1200 . Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $300 or less? \r
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Algebra.Com's Answer #429992 by MathTherapy(10552)\"\" \"About 
You can put this solution on YOUR website!
A laptop computer is purchased for $1200 . Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $300 or less? \r
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\n" ); document.write( "\n" ); document.write( "Let y = year that laptop will be worth $300, or less
\n" ); document.write( "Since it loses 70%, or .7 of its value, then: \"1200%28.7%29%5Ey+%3C=+300\"\r
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\n" ); document.write( "\n" ); document.write( "\"%28.7%29%5Ey+%3C=+300%2F1200\"\r
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\n" ); document.write( "\n" ); document.write( "\"%28.7%29%5Ey+%3C=+1%2F4\"\r
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\n" ); document.write( "\n" ); document.write( "\"log+%28.7%2C+%281%2F4%29%29+%3C=+y\"\r
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\n" ); document.write( "\n" ); document.write( "\"log+%281%2F4%29%2Flog+%28.7%29+%3C=+y\"\r
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\n" ); document.write( "\n" ); document.write( "\"3.886716+%3C=+y\"\r
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\n" ); document.write( "\n" ); document.write( "\"y+%3E=+3.886716\"\"highlight_green%284%29\"\r
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\n" ); document.write( "\n" ); document.write( "After approximately 4 years, it will be worth < $300 ($288.12).\r
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\n" ); document.write( "\n" ); document.write( "You can do the check!!\r
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\n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com
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