SOLUTION: The value of a machine, V, at the end of t years is given by V=C(1−r)t, where C is the original cost and r is the rate of depreciation. Find the value of a machine at the end of
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-> SOLUTION: The value of a machine, V, at the end of t years is given by V=C(1−r)t, where C is the original cost and r is the rate of depreciation. Find the value of a machine at the end of
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Question 1140466: The value of a machine, V, at the end of t years is given by V=C(1−r)t, where C is the original cost and r is the rate of depreciation. Find the value of a machine at the end of 2 years if the original cost was $795 and r=0.3. Round to the nearest cent. Answer by Theo(13342) (Show Source):
