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Anastasy [175]
3 years ago
6

A car depreciate $2000 each year it was owned and driven. What type of depreciation is this?

Mathematics
1 answer:
Gnom [1K]3 years ago
3 0
This would be an exponential decay model.
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A = P(1 + \dfrac{r}{n})^{nt}

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8 0
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