In business, equipment is often depreciated using the double declining-balance method. In this method, a piece of equipment with a life expectancy of N years, costing $C, will depreciate to a value of $V in n years, where n is given by the formula
?
?
A word processor worth $470 when new had a life expectancy of 10 years. If it is now worth $130, how old is it? Round to the nearest tenth.
?
A. 2.8 years old
B. 5.8 years old
C. 1.5 years old
D. 0.3 years old
E. 7.2 years old
Answer: B
You might also like to view...
Provide an appropriate response.How many dimensions does a point have?
A. 1 B. 2 C. 3 D. 0
Find a polynomial function of degree 3 with the given numbers as zero
a. -1/4, 0, 3 b. -3/4, 0, 3 c. -1/2, 0, 3 d. 1/2, 0, 3 e. 1/4, 0, 3
Solve the equation.9 ln 7x = 81
A. 
B. {e9}
C. 
D. 
Solve the problem.Suppose that during a certain step in a chemical manufacturing process the amount of hydrogen sulfide dissolved in a solution, measured in parts per million (ppm), is related to the elapsed time measured from the beginning of the step. Use the following table and graph as a representation of this relationship.
Is the slope positive, negative, zero, or undefined?
A. Negative B. Zero C. Undefined D. Positive