crowleymorgan04 crowleymorgan04

10-04-2024
Mathematics

Answered

Your friend is able to deduct the cost of their new $13,600 computer from their taxes, but must provide an estimate of how much it will depreciate over the next 14 years. Your friend asks you for help and tells you that the computer should depreciate at a continuous rate of 5% per year. What will their computer be worth in 14 years, to the nearest dollar?

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