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April 24, 2014

April 24, 2014

Posted by **rio** on Thursday, December 23, 2010 at 4:01pm.

please help and show me your steps in working out this equation

- math -
**Reiny**, Thursday, December 23, 2010 at 4:12pmAfter the first year the value is

25000(.8) = 20000

so after the next 9 years depreciating at 10% would leave

20000(.9)^9

7748.41 or 7750

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