SOLUTION: The value of a piece of equipment has a decay factor of 0.80 per year. After 5 years the equipment is worth $98,304. What was the original value of the equipment?
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Question 585113: The value of a piece of equipment has a decay factor of 0.80 per year. After 5 years the equipment is worth $98,304. What was the original value of the equipment? Answer by richwmiller(17219) (Show Source):