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What would be the value of equipment after 25 years

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A company has 25 million dollars' worth of equipment. This company depreciates the value of the equipment at the rate of 10 % per year. How long does it takes for the value of the equipment to drop to 50 % of its original value? What would be the value of equipment after 25 years? What would be the value of equipment after 25 years as proportion of the original value?

Reference no: EM13877000

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