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Question
Difficulty Level:

Medium

MCQ

Alfred gathers data on a company that buys equipment.

  • The company buys 15,00015,000 dollar worth of equipment at the beginning of the year 20182018 .

  • The equipment is estimated to decrease in value at a rate of 12.5%12.5 \% per year.

Alfred wants to know the minimum number of years, tt, after which the value of the company’s new equipment will be less than 8,000 dollar. He creates the inequality 15,000(1.25)t<8,00015,000(1.25)^{t}<8,000. Alfred’s inequality is incorrect.

Which change will correct the inequality?

Select all that apply :

replacing 0.1250.125 with 0.8750.875

replacing 0.1250.125 with 12.512.5

replacing 80008000 with 70007000

replacing 1500015000 with 2,0182,018

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