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Math Help - Depreciation

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    Depreciation

    Develop a general formula for depreciation defining what each variable in the formula stands for.
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    Quote Originally Posted by doodle08 View Post
    Develop a general formula for depreciation defining what each variable in the formula stands for.
    A_t = A_0(1-k)^t

    A_t = Value at time t
    A_0 = Initial value (at t=0)
    k = A positive constant measuring the drop
    t = time since t=0
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  3. #3
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    Quote Originally Posted by doodle08 View Post
    Develop a general formula for depreciation defining what each variable in the formula stands for.
    There are many different types of depreciation: straight-line, declining-balance, etc. Which one(s) are you supposed to be working with?

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