Question

A company’s equipment manager buys $7,000 worth of equipment. This equipment depreciates 19% each year. The manager can replace the equipment after its value falls below $500. After how many years can the manager first replace the equipment?

Answer 1

13

Explanation:

Answer 2

13 (c)

Explanation:

Graph the equation 7000(1-0.19)^x and then the inequality y<500, the point of intersection should be 12.524, so the answer will be rounded up to 13 i think