Ask a New Question
Search
A piece of machinery valued at $30,000 depreciates at a rate of 10% yearly. How long will it take for it to reach a value of $15,000?
1 answer
$15k is half of $30k, so you want t years, where
0.9^t = 0.5
Ask a New Question
or
answer this question
.
Similar Questions
16. Ruth bought a piece of farm machinery valued at $50,000. Over a period of 10 years, the
machinery lost value at a constant
12 answers
Ruth bought a piece of farm machinery valued at $50,000. Over a period of 10 years, the machinery lost value at a constant rate.
5 answers
a piece of machinery depreciates $7000 the first year, $6800 the second year, and $6600 the third year. is the rate of
3 answers
A piece of machinery depreciates $6000 the first hear, $5500 the second year, and $5000 the third year. If the rate of
3 answers
more similar questions