SOLUTION: a lamp is bought for 360$ and eight years later it is bought for 200$
find the depreciation equation?
assuming the depreciation is linear find the value of it after the first
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Question 982128: a lamp is bought for 360$ and eight years later it is bought for 200$
find the depreciation equation?
assuming the depreciation is linear find the value of it after the first 5 years of ownership?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The depreciation/ yr =
-----------------
Let = depreciation after yrs
-----------------
The value after yrs =
$260
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