Jack bought a new boat for £12 500 The value, £V, of Jack's boat at the end of n years is given by the formula
V = 12 500 < (0.85)"
(a)At the end of how many years was the value of Jack's boat first less than 50% of the
value of the boat when it was new?

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dakodahepps

13.08.2022

Mathematics

Euclid wrote "The Elements''

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Jack bought a new boat for £12 500 The value, £V, of Jack's boat at the end of n years is given by the formula V = 12 500 < (0.85)" (a)At the end of how many years was the value of Jack's boat first less than 50% of the value of the boat when it was new?