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A property that decreases in value every year by 10 percent 2009-03-07
From PEter:
there is a competition problem where a cottage is worth 25000 years, but it decreases in value every year by 10 percent. Without a calculator, is there a way to find after how many years, the cottage will be worth 2500? (besides multiplying it out and besides logs)
Answered by Stephen La Rocque.
 
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