document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=808731>Question 808731</A>: <I><SPAN STYLE=\"word-break: break-all;\"> On federal income tax returns, self-employed people can depreciate the value of business equipment.  Suppose a computer valued at $2765 depreciates at a rate of 30% per year.  Find the multiplier for the rate of exponential decay. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #487161 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=487161\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> On federal income tax returns, self-employed people can depreciate the value of business equipment. Suppose a computer valued at $2765 depreciates at a rate of 30% per year. Find the multiplier for the rate of exponential decay.<BR>\n" );
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document.write( "Each year it is worth 70% of last year's value.<BR>\n" );
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document.write( "Value(x) = 2765(0.7)^x<BR>\n" );
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document.write( "You might want the following::<BR>\n" );
document.write( "Solve e^k = 0.7<BR>\n" );
document.write( "k = ln(0.7)<BR>\n" );
document.write( "k = -0.3567<BR>\n" );
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document.write( "Value(x) = 2765*e^(-0.3567x)\r<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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