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An automobile purchased by the manager of a firm at the price of $36,000 is to be depreciated using the straight-line method over 5 years.

An automobile purchased by the manager of a firm at the price of $36,000 is to be depreciated using the straight-line method over 5 years. The scrap value after 5 years is $0. a. Determine the function V(t) that gives the book value of the automobile after t years

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