Mathematics, 13.04.2020 22:28 starsinopoli13

A new car is purchased for 22400 dollars. The value of the car depreciates at 11% per year. To the nearest tenth of a year, how long will it be until the value of the car is 5000 dollars?
I don't get the Log part.

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A new car is purchased for 22400 dollars. The value of the car depreciates at 11% per year. To the n...

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A new car is purchased for 22400 dollars. The value of the car depreciates at 11% per year. To the nearest tenth of a year, how long will it be until the value of the car is 5000 dollars? I don't get the Log part.

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Another question on Mathematics

A new car is purchased for 22400 dollars. The value of the car depreciates at 11% per year. To the nearest tenth of a year, how long will it be until the value of the car is 5000 dollars?
I don't get the Log part.