SOLUTION: A boat was purchased for $40,000. Assuming that the boat depreciates at a rate of $4200 per year (straight-line depreciation) for the first 8 years, write the value v of the boat a
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Question 1128513: A boat was purchased for $40,000. Assuming that the boat depreciates at a rate of $4200 per year (straight-line depreciation) for the first 8 years, write the value v of the boat as a function of the time t (measured in years) for
0 ≤ t ≤ 8.
v(t) = Answer by Boreal(15235) (Show Source):