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Isolate the exponential term
Using the Solving Exponential Equations Algebraically knowledge point
Solve for t using logarithms
Using the Solving Exponential Equations knowledge point
Round to the nearest whole year
Using the Exponential Decay Modeling knowledge point
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A computer was originally purchased for $900 and undergoes a 14% annual depreciation rate. The computer is now worth $364. The number of years that have passed, \(t\), since the computer was purchased can be found using the following equation:
Solve the equation by graphing to determine how many years have passed since the computer was purchased. Round to the nearest whole year.
\(t \approx\) <blank>6</blank> years