A Global Positioning Satellite (GPS) system uses satellite information to locate ground position. Abu's surveying firm bought a

Question

A Global Positioning Satellite (GPS) system uses satellite information to locate ground position. Abu's surveying firm bought a GPS system for $12,500. The GPS depreciated by a fixed rate of 6% and is now worth $8600. How long ago did Abu buy the GPS system?

Kunduz · Accepted Answer

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