Mathematics

Mathematics, 27.12.2019 13:31, thunder42

For accounting purposes, the value of assets (land, buildings, equipment) in a business are depreciated at a set rate per year. the value, v(t) of $408,000 worth of assets after t years, that depreciate at 18% per year, is given by the formula v(t) = vo(b)t. what is the value of vo and b, and when rounded to the nearest cent, what are the assets valued at after 8 years?

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