00:01
Okay, the formula for depreciation is this pn, where n is a number of time periods, p0 starting amount, 1 minus, r, the rate of depreciation, over 100, power of n.
00:17
What here you are told is going down 6 % every 6 months.
00:23
So, in 8 years then, that will be 16, 6 month periods.
00:32
So 16 then time periods involved here, 8 times 2.
00:38
I want to work at p16 then.
00:41
P0 starting amount is $200 ,000, 1 minus.
00:50
The rate of decrease every six months is 6%.
00:54
So 6 over 100...