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Question

Question was provided via image upload.

Explanation:

Isolate the exponential term

Using the Solving Exponential Equations Algebraically knowledge point

$$ LATEXBLOCK0 $$

Solve for t using logarithms

Using the Solving Exponential Equations knowledge point

$$ LATEXBLOCK1 $$

Round to the nearest whole year

Using the Exponential Decay Modeling knowledge point

$$ t \approx 6 $$

Answer:

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:

$$364 = 900(1 - 0.14)^t$$

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