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In 2006 a manufacturer installed a new machine in her factory at a cost of $300,000. The machine depreciated linearly over 12 years with a

In 2006 a manufacturer installed a new machine in her factory at a cost of $300,000. The machine depreciated linearly over 12 years with a scrap value of $30,000.

A. What is the rate of depreciation of the machine per year?

B. Find an expression for the book value of the machine in year t. (0

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