Heavy equipment loses 1/5 of its value each year. 1. how much is a earthmover worth after 1 year if it cost 125$ thousand new? 2. how many years does it take for the earthmover value to depreciate to a value of 64$ thousand

Heavy equipment loses 1/5 of its value each year. 1. how much is a earthmover worth after 1 year if it cost 125$ thousand new? 2. how many years does it take for the earthmover value to depreciate to a value of 64$ thousand

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Description: Heavy equipment loses 1/5 of its value each year. 1. how much is a earthmover worth after 1 year if it cost 125$ thousand new? 2. how many years does it take for the earthmover value to depreciate to a value of 64$ thousand

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Heavy equipment loses 1/5 of its value each year.
1. how much is a earthmover worth after 1 year if it cost 125$ thousand new?
2. how many years does it take for the earthmover value to depreciate to a value of 64$ thousand

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