The value of an item is given by V ( t ) = 75 t + 4,425
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Question:
The value of an item is given by V(t) = −75t + 4,425, where t is the number of years since the item was purchased and V is given in dollars.
Answer each of the following. Enter all answers below in exact, reduced form.
A) What was the purchase price of the item (in dollars)?
$
B) After how many years will the item be worth only $1125?
Years
C) After how many years will the item achieve scrap value?
Years
D) What was the item worth after 25 years (in dollars)?
$
E) What is the rate of depreciation (in dollars per year)?
$ per year
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: