A computer was originally purchased for $900 and undergoes a 14% annual depreciation rate. The computer is now worth $364. The number of years that have passed, t, since the computer was purchased can be found using the following equation:
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Home » Mathematics » A computer was originally purchased for $900 and undergoes a 14% annual depreciation rate. The computer is now worth $364. The number of years that have passed, t, since the computer was purchased can be found using the following equation: