carson_6969
New member
- Joined
- Jul 5, 2007
- Messages
- 5
I've been trying to figure this problem help Here is the question
A business estimates that the salvage value V of a piece of machinery after t years is given by.
V(t)= $35000e^(-0.43t)
What amount of time will the salvage value be $7771?
I know i have to find t but i have been trying and here is the work that i came up with
7771= 35000e^(-0,43t)
*-27229=e^(-0,43t)
ln -27229= ln e^(-0,43t)
ln -27229 = (-0,43t)
ln -27229 / (-0,43) = t
23 = years
help please
A business estimates that the salvage value V of a piece of machinery after t years is given by.
V(t)= $35000e^(-0.43t)
What amount of time will the salvage value be $7771?
I know i have to find t but i have been trying and here is the work that i came up with
7771= 35000e^(-0,43t)
*-27229=e^(-0,43t)
ln -27229= ln e^(-0,43t)
ln -27229 = (-0,43t)
ln -27229 / (-0,43) = t
23 = years
help please