Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 1 - Section 1.5 - Problem Solving and Using Formulas - Exercise Set - Page 67: 25

Answer

2042

Work Step by Step

Number of years after 1960 = x Need to solve for the number of years to become 0%,we have an equation as $23-0.28x=0$ or, $0.28x=23$ or, $x=82$ (approximately) Hence, we can conclude it will take approximately $1960+82=2042$ years when the 0% corporations will pay zero taxes.
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