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Algebra
Pregunta

2) A farmer depreciates a \( \$ 100,000 \) tractor...

2) A farmer depreciates a \( \$ 100,000 \) tractor. He estimates that the resale value of the tractor \( n \) years after purchase is \( 83 \% \) of its value from the previous year. a. Write a formula for the \( n \) th term of a sequence that represents the resale value of the tractor \( n \) years after purchase. b. What will the resale value be after \( 7 \) years? Round to the nearest \( \$ 1000 \) . 

Answer

(a)v=\(100,000\times 0.83^{7}\)

(b)v=$27,000

Solución
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