Find the value v of the harvester

Reference no: EM13879063

A farmer buys a harvester for $50,000 and estimates its useful life to be 20 years, after which its scrap value will be $6000.

a. Use the formula below to find the value V of the harvester after t years for 0<=t>=20 Value = price - (price - scrap value) . t / useful timelife

Reference no: EM13879063

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