February 20, 2017

Homework Help: math 213

Posted by billy bob on Monday, April 19, 2010 at 6:29pm.

The effect of depreciation can be computed using a formula similar to the formula for compound interest.
a. Assume depreciation is the same each month. Write a problem involving depreciation and solve it.

b. Develop a general formula for depreciation defining what each variable in the formula stands for.

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