The formula for depreciation can be written as a geometric sequence. The formula for the...
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The formula for depreciation can be written as a geometric sequence. The formula for the value of a new car is tn=a1(0.87)n1. If you paid $28,000 for your car, will you be able to sell it for $13,000 after 6 years. Explain. Hint: You cannot sell a car for more than its depreciated value
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