You have recently purchased a new car that costs $25,000. However, for each year that you own it, you can expect the car to lose about $2,000 in value each year (this is the depreciation of the car). Write a formula that will allow you to compute the depreciation after tyears.

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Q: ​$1590 is compounded daily at a rate of 10​% for  7 years. Let 1 year=365 days.

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Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.