Suppose you have $15,000 in equipment from your business. You expect the
equipment will be wor...
Mathematics, 22.04.2020 19:58 alove1777
Suppose you have $15,000 in equipment from your business. You expect the
equipment will be worth 10% less each year.
a.) Your friend says the equipment will be worth nothing in 10 years, since
that would be 100% depreciation. Explain why that is incorrect.
b.) Write an equation for this depreciation.
c.) Find how much the equipment will be worth in 10 years.
Answers: 3
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