Year ZAR/GBP 1961-1982 2 1982-1985 1.95 1985 2.99 1986-1988 3.47 1989-1993 4.51 1994 5.41 1999 9.07 2001
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Question:
Year | ZAR/GBP |
1961-1982 | 2 |
1982-1985 | 1.95 |
1985 | 2.99 |
1986-1988 | 3.47 |
1989-1993 | 4.51 |
1994 | 5.41 |
1999 | 9.07 |
2001 | 21.3 |
2002 | 13.85 |
2005 | 10.2 |
2008 | 17.82 |
2010 | 12.01 |
2015 | 18.27 |
What is the rate of depreciation from 1961 till 1994?
Please explain the formula used and what it is called.
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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