document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1108946>Question 1108946</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Peyton bought a car for $38,000 an it’s value depreciates 18% each year. After how many years will his car be worth less than $10,000? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #723964 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=723964\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Peyton bought a car for $38,000 an it’s value depreciates 18% each year. After how many years will his car be worth less than $10,000? <BR>\n" );
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document.write( "Each year the car is worth 82% of last year's value.<BR>\n" );
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document.write( "Equation::<BR>\n" );
document.write( "38000*0.82^x < 10,000<BR>\n" );
document.write( "0.82^x < 5/19<BR>\n" );
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document.write( "x < log(5/19)/log(0.82)<BR>\n" );
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document.write( "x < 6.72 years<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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