The Value V of a Machine $t$ Years After It Is Purchased Is Inversely Proportional to the Is

question 14

Multiple Choice

The value V of a machine $t$ years after it is purchased is inversely proportional to the square root of $t + 5$ . The initial value of the machine is $\$$ 10,000. Find the rate of depreciation when $t = 3$ . Round your answer to two decimal places.

• A)-494.11 per year
• B)-1767.77 per year
• C)962.25 per year
• D)447.21 per year
• E)-988.21 per year

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Definitions:

Concept

A general idea or understanding that represents something abstract or complex.

Capital

Financial assets or resources that individuals or businesses use to fund their operations and invest in growth opportunities.

Pre-money Valuation

The valuation of a company immediately before the latest round of financing or investment, used to determine the price at which new shares are issued.

Outside Investment

Financial capital provided by investors who are not part of the day-to-day operations of a business, usually in exchange for equity.