A CNC machine centre costs £100,000. Its value depreciates at X% per annum. (a) What will be its value after Y years? (b) How long will it take to have a value of £50,000?
A CNC machine centre costs £100,000. Its value depreciates at X% per annum. (a) What will be its value after Y years? (b) How long will it take to have a value of £50,000?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
Related questions
Question
A CNC machine centre costs £100,000. Its value depreciates at X% per annum.
(a) What will be its value after Y years?
(b) How long will it take to have a value of £50,000?
X=1,1
Y=3
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