Depreciation The annual rate of depreciation r on a car
Chapter 0, Problem B.4.69(choose chapter or problem)
Depreciation The annual rate of depreciation r on a car that is purchased for P dollars and is worth W dollars t years later can be found from the formula ~5 I W log (1 r) -log'00 t PFind the annual rate of depreciation on a car that is purchased for $9,000 and sold 4 years later for $3,000.
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