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Let I be the purchase value of an equipment and V(t) be the value after it has been used for t years. The value V(t) depreciates at a rate given by differential equation (dV(t))/(dt) = - k (T - t), where hat(k) gt 0 is a constant and T is the total life in years of the equipment. Then the scrap value V(t) of the equipment is |
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Answer» `L - (k (T -t)^(2))/(2)` |
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