A company buys a copier for $10,000. The Internal Revenue Service values the copier at 10,000(1 - n/20) after 12 years. After how many years will the copier be valued at $6,500?

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asked May 8, 2021 59.9k views

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A company buys a copier for $10,000. The Internal Revenue Service values the copier at 10,000(1 - n/20)

after 12 years. After how many years will the copier be valued at $6,500?

Mathematics
high-school

Shalice asked

by Shalice

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1 Answer

5 votes

Explanation:

10000-(10000n/20) = 10000 - (500n)

6500 = 10000 - 500n

3500 = 500n

n = 7

Alex Guteniev answered May 14, 2021

by Alex Guteniev

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