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# A \$50,000 tractor has a resale value of \$10,000 twenty years after it was purchased

## Problem 23 Chapter 1.4

Applied Calculus | 5th Edition

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Applied Calculus | 5th Edition

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Problem 23

A \$50,000 tractor has a resale value of \$10,000 twenty years after it was purchased. Assume that the value of the tractor depreciates linearly from the time of purchase. (a) Find a formula for the value of the tractor as a function of the time since it was purchased. (b) Graph the value of the tractor against time. (c) Find the horizontal and vertical intercepts, give units, and interpret them. 2

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