document.write( "Question 1077644: A new truck has a value of $36000. It depreciates in value 12% each year. To the nearest tenth of a year, when will the truck be worth half its original value/ \n" ); document.write( "
Algebra.Com's Answer #692109 by Boreal(15235)\"\" \"About 
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P=Po(1-0.12)^n
\n" ); document.write( "Po=2*P
\n" ); document.write( "Therefore, (0.5)=.88^n
\n" ); document.write( "log of both sides
\n" ); document.write( "-.3010=n log (.88)
\n" ); document.write( "divide both sides by log .88
\n" ); document.write( "n=5.4 years.
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