Asked by Veronica
Donald's Jaguar loses value at 8% per year for the first nine years when should he sell it if he wants to receive 62% of what he paid for it?
Answers
Answered by
Reiny
100(.92)^t = 62
.92^t = .62
logs ...
t log.92 =log .62
t = 5.7 years
Make the necessary proper statements.
.92^t = .62
logs ...
t log.92 =log .62
t = 5.7 years
Make the necessary proper statements.
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