What is the depreciated value of the tractor after 10 years

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Reference no: EM131268231

Business Depreciation. A charter fishing company buys a new boat for $224,000 and assumes that it will have a tradein value of $115,200 after 16 years.

(A) Find a linear model for the depreciated value V of the boat t years after it was purchased.

(B) What is the depreciated value of the tractor after 10 years?

(D) Graph V for 0<=t<=30 and illustrate the answers from (A) and (B) on the graph.

Reference no: EM131268231

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