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Lemur [1.5K]
3 years ago
10

Company

Mathematics
1 answer:
Aleks04 [339]3 years ago
4 0

Answer: 5 years

Step-by-step explanation:

A= P(1-r)^t

A= Depreciation value

P = Initial amount

r= rate = 7/100= 0.07

t= time

t= (Ln(A/P))/Ln(1-r)

= (Ln(25949.18/37300))/Ln(1-0.07)

t= 4.999 approximately 5 years

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