The salvage value S (in dollars) of a company

jet

after t years is estimated to be given by the formula below. Use the formula to answer the questions.

The salvage value S (in dollars) of a company jet after t years is estimated to be given by the formula below. Use the formula to answer the questions. 50) = 400,000(o.7)t E> What is the rate of depreciation (in dollars per year) after 1 year? $D per year (Do not round until the nal answer. Then round to the nearest cent as needed.) What is the rate of depreciation (in dollars per year) after 5 years? $|:| per year (Do not round until the nal answer. Then round to the nearest cent as needed.) What is the rate of depreciation (in dollars per year) after 10 years? $l:| per year (Do not round until the nal answer. Then round to the nearest cent as needed.)