SOLUTION: In 2005, national textiles installed a new machine in one of its factories at a cost of $250,000. The machine is depreciated linearly over 10 years with a scrap value of $10,000.
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Question 701044: In 2005, national textiles installed a new machine in one of its factories at a cost of $250,000. The machine is depreciated linearly over 10 years with a scrap value of $10,000.
a) find an expression for the machines book value in the t^th year of use.
b) sketch the graph in a.
c) find the machines book value
d) find the rate at which the machine its being depreciated. Answer by lynnlo(4176) (Show Source):
(