A computer that cost $3500 in 2008 depreciates at a rate of 15% per year. The value,
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A computer that cost $3500 in 2008 depreciates at a rate of 15% per year. The value, V, of the computer after n years can be calculated with the formula V(n) = 3500(0.85)n. What is the value of the computer in 2013?
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
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