A laptop computer is purchased for $3900. Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $400 or less? Write the smallest possible whole number answer.
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A laptop computer is purchased for $3900. Each year, its value is 70% of its value...
O EXPONENTIAL AND LOGARITHMIC FUNCTIONS Finding the time to reach a limit in a word problem on... Savanah A laptop computer is purchased for $3000. Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth $600 or less? (Use the calculator provided if necessary.) Write the smallest possible whole number answer. 1 years X 5 ?
A computer purchased for $750 loses 11% of its value every year. The computer's value can be modeled by the function v(t) = 2.6', where v is the dollar value and t the number of years since purchase. (A) In the exponential model a = and b (B) In how many years will the computer be worth half its original value? Round answer to 1 decimal place. The answer is years
A computer purchased for $750 loses 11% of its value every year. The computer's value can be modeled by the function v(t) = a · b', where v is the dollar value and t the number of years since purchase. (A) In the exponential model a = and b = (B) In how many years will the computer be worth half its original value? Round answer to 1 decimal place. The answer is years
Donna bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7.5% per year, and for the laptop it was 8% per year. The total finance charges for one year were $400. How much did each computer cost before finance charges? x 6 ? Desktop: s] Laptop: s[]
A student purchased a laptop computer at Joes Discount Store. She also purchased the Lucky 7 warranty plan that would replace the laptop at no cost if it needs 7 or more repairs in 3 years. Suppose the laptop requires repairs according to Poisson process with the average rate of one repair per 4 month. (a) Find the probability that the laptop would not need to be replaced. That is, find the probability that the seventh time the laptop needs...
2. A laptop computer that costs $1150 new has a book value of $550 after 2 years. (a) Find the exponential model V = aekt (b) What is value of the laptop after 3 years? 3. Suppose you deposit $4000 in an account paying 3.1% interest per year. (a) How much money is in the account after 7 years if the compounded Continuously? A = Pere (b) How long will it take to double your money?
3. An engineering freshman wants to purchase a laptop computer for use during the 5 years that she plans to study engineering at Louisiana Tech University. After looking around a bit, she finds that a well-equipped laptop with software can be purchased for $2,000 and that it should have a market value of approximately $300 if she wants to sell it when she graduates after 5 years. Assume that maintenance and supplies will cost $100 each six months. Use an...
A population numbers 14,000 organisms initially and grows by 8.8% each year. Suppose P represents population, and t the number of years of growth. An exponential model for the population can be written in the form P = a.b' where P = If 24500 dollars is invested at an interest rate of 10 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. (a) Annual: $...
Tiana's car was worth $15.000 at the beginning of 2000 and the value of the car decreased exponentially, decreasing by 23% each year. a. Write a function f that determines the value of Tiana's car (in dollars) in terms of the number of years since the beginning of 2000. f(t) = Preview b. How many years after the beginning of 2000 was Tiana's car worth $6,000? years Preview c. How many years after the beginning of 2000 was Tiana's car...
A loan of S 43,000 is made at 4% interest, compounded annually. After how many years will the amount due reach S58 000 or more? provided if necessary.) Write the smallest possible whole number answer Use the calculator