Question: The salvage value ( S ) ( in dollars ) of a company limousine after ( t ) years is estimated
The salvage value S in dollars of a company limousine after t years is estimated to be given by the formula Stt What is the rate of depreciation in dollars per year after year? After years? After years?
What is the rate of depreciation in dollars per year after year?
Do not round until the final answer. Then round to the nearest hundredth as needed.
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