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Determine salvage value of the equipment after six years

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The salvage value, Sal, of a $300,000 piece of equipment as a function of time t is given by Sal(t) = 300000e-0.2t

Determine the salvage value of the equipment after 6 years. What is the rate of depreciation of the equipment after 6 years?

Reference no: EM13877058

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