8) A rare alabaster statue of Pythagoras is currently worth $54 000. Unfortunately, due to its...

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8) A rare alabaster statue of Pythagoras is currently worth $54 000. Unfortunately, due to its environment and its irresponsible owner, the statue's condition is becoming worse every year. As a result, it is estimated that its value will decrease by 32% per year. After how many years will the statue have the same value as a cafeteria cookie ($1.25)? Round your final answer to the nearest tenth of a year. (I-3 marks) 8) A rare alabaster statue of Pythagoras is currently worth $54 000. Unfortunately, due to its environment and its irresponsible owner, the statue's condition is becoming worse every year. As a result, it is estimated that its value will decrease by 32% per year. After how many years will the statue have the same value as a cafeteria cookie ($1.25)? Round your final answer to the nearest tenth of a year. (I-3 marks)

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8 Depuicat ed Value 263 Hae P 54000 Y3... View the full answer