SOLUTION: Please help I can read these problems all day but I can never figure them out! Wyatt has recently bought a corn harvester for $48,000. For the purpose of assessing property taxe

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Question 742466: Please help I can read these problems all day but I can never figure them out!
Wyatt has recently bought a corn harvester for $48,000. For the purpose of assessing property taxes, the value of the harvester depreciates according to the formula V(t) = 48,000𠃂.2t, where t is the age of the harvester in years. What is the tax value of the harvester when it is 4 years old?

Answer by MathTherapy(10555) About Me  (Show Source):
You can put this solution on YOUR website!

Please help I can read these problems all day but I can never figure them out!
Wyatt has recently bought a corn harvester for $48,000. For the purpose of assessing property taxes, the value of the harvester depreciates according to the formula V(t) = 48,000𠃂.2t, where t is the age of the harvester in years. What is the tax value of the harvester when it is 4 years old?

Your formula doesn't look right. Shouldn't it be: V(t) = highlight_green%2848000%281-0.2%29%5Et%29%29?