The estimated resale value R (in dollars) of a company car after t years is given by

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The estimated resale value R (in dollars) of a company car after t years is given by
R(t)=20,000(0.86)t
What is the rate of depreciation (in dollars per year) after 1 year? 2 years? 3 years?

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Question Posted: Apr 14, 2016 08:15 AM

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The estimated resale value R (in dollars) of a company car after t years is given by

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Rt 20000086 t Rt 20000086 t ln 086 R1 2000...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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