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For tax purposes you may have to report the value of your

Question: For tax purposes, you may have to report the value of your assets, such as cars or refrigerators. The value you report drops with time. "Straight-line depreciation" assumes that the value is a linear function of time. If a $950 refrigerator depreciates completely in seven years, find a formula for its value as a function of time.

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Mathematics: For tax purposes you may have to report the value of your

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