Mathematics, 17.07.2019 23:30 ansatsai
For accounting purposes, the value of assets (land, buildings, equipment) in a business depreciates at a set rate per year. the value, v(t), of $408,000 worth of assets after t years, which depreciate at 18% per year, is given by the formula v(t) = v0(b)t. what is the value of v0 and b, and when rounded to the nearest cent, what is the value of the assets after 8 years?
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