A piece of machinery depreciates $6000 the first year, $5700 the second year, and $5400 the third year. If the
rate of depreciation is constant, what is the amount of
depreciation of the piece of machinery in the sixth year?

A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.