Question
Ly dia bought a car for $20,000. It is expected to depreciate at a continuous rate. What will be the value of the car
Ly dia bought a car for $20,000. It is expected to depreciate at a continuous rate. What will be the value of the car in 2 years? Use k = 0.105 and round to the nearest dollar.
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
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