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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.

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