Assume that your car will depreciate to zero value as follows:
1) new car after 12 years
2) used car after 7 years
Write a straight-line depreciation equation for your car.
My car is going for $8414, anyone that can show me this equation as simply as possible for 10 points?
$7900 w/ out tax
1) new car after 12 years
2) used car after 7 years
Write a straight-line depreciation equation for your car.
My car is going for $8414, anyone that can show me this equation as simply as possible for 10 points?
$7900 w/ out tax