Question

True or False: For the depreciation formula, A = C(1 - r)t, C represents the initial value before any depreciation.

Answer 1

True

Answer 2

True or False: For the depreciation formula, A = C(1 - r)t, t represents the number of years during the depreciation period.
@ghazi

Answer 3

yea thats true, t is time in years

Answer 4

Using the formula for compound interest savings A= P(1 + r)t, what is P?
@ghazi

Answer 5

P is principal amount i guess

Answer 6

You bought a sports car for $89,000. What will the car be worth after 10 years if the depreciation rate is 8%?
A. $38,660.57
B. $50,339.43
C. $82,130.93
D. $204,885.74
@ghazi

Answer 7

i am afraid , i forgot this too :(

Answer 8

haha no worries thanks for all the help!

Answer 9

YW :)