document.write( "Question 860362: at what rate of depreciation per month would the value of an article be halved in 10 months \n" ); document.write( "
Algebra.Com's Answer #518370 by Alan3354(69443)\"\" \"About 
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at what rate of depreciation per month would the value of an article be halved in 10 months
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\n" ); document.write( "FV = PV*r^t (r = remaining value, t in months)
\n" ); document.write( "FV = PV/2
\n" ); document.write( "r^10 = 0.5
\n" ); document.write( "\"r+=+root%2810%2C0.5%29\"
\n" ); document.write( "r =~ 0.933033
\n" ); document.write( "Depreciation = 1 - r
\n" ); document.write( "= 0.066967
\n" ); document.write( "= 6.6967%/month
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