henryisasum177 henryisasum177

20-02-2024
Business

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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.

S(t)=400,000(0.8)ᵗ

What is the rate of depreciation (In dollars per year) after 1 year?

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