SOLUTION: A tractor that cost $28,000 depreciates in value by 15% after each year. Find
the expected value of the tractor after 7 years.
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Question 364422: A tractor that cost $28,000 depreciates in value by 15% after each year. Find
the expected value of the tractor after 7 years.
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
The tractor is worth $8976.
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