William the Spirit buys a laptop for € 1,300 . Every year he write off 10% of the purchase price. After how many years the laptop still € 520 worth?
We have this....10% off of something is just 90% of its valued = .90 .....thus.....
520 = 1300(.90)n where n is the number of years
Divide both sides by 1300
520/1300 = (.90)n take the log of both sides
log(520 / 1300) = log(.90)n and by a log property, we can write
log(520 / 1300) = n log (.90) divide both sides by log(.90)
log(520 / 1300) / log(.90) = n = about 8.7 years
We have this....10% off of something is just 90% of its valued = .90 .....thus.....
520 = 1300(.90)n where n is the number of years
Divide both sides by 1300
520/1300 = (.90)n take the log of both sides
log(520 / 1300) = log(.90)n and by a log property, we can write
log(520 / 1300) = n log (.90) divide both sides by log(.90)
log(520 / 1300) / log(.90) = n = about 8.7 years