The value of a CNC milling machine, originally valued at £240000, depreciates 15% per annum. (1)Calculate its value after 10 years. (ii) The machine is sold when its value is less than £125000. After how many years is the machine sold?
The value of a CNC milling machine, originally valued at £240000, depreciates 15% per annum. (1)Calculate its value after 10 years. (ii) The machine is sold when its value is less than £125000. After how many years is the machine sold?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 22T
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