[OLPC India] India Digest, Vol 23, Issue 11

[Seth Woodworth]

On Sat, Nov 1, 2008 at 3:21 AM, K. K. Subramaniam <subbukk at gmail.com> wrote:
>> What is wrong with using a $188 computer as collateral for the loan to
>> buy it?
> The asset depreciates 60% every year. So a long term loan from banks on
> commercial terms is ruled out.
>

It depends on who's doing the accounting.  The New York School
district considers items that last over 5 years to be capital
investments, and not computers that do not.  The XO lies in an
important area for depreciation math due to it's longer lifespan.

--Seth