A new building that costs $1,000,000 has a useful life of 100 years and a scrap value of $500,000. Using straight-line depreciation, find the equation for the value V in terms of t, where t is in years. Find the value after 1 year, after 2 years, and after 90 years. V(t) = value after 1 year $ value after 2 years $ value after 90 years $
A new building that costs $1,000,000 has a useful life of 100 years and a scrap value of $500,000. Using straight-line depreciation, find the equation for the value V in terms of t, where t is in years. Find the value after 1 year, after 2 years, and after 90 years. V(t) = value after 1 year $ value after 2 years $ value after 90 years $
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A new building that costs $1,000,000 has a useful life of 100 years and a scrap value of $500,000. Using straight-line depreciation, find the equation for the value V in terms of t, where t is in years. Find the value after 1 year, after 2 years, and after 90 years.
V(t) =
value after 1 year | $ | |
value after 2 years | $ | |
value after 90 years | $ |
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