lovexthatkid
New member
- Joined
- May 27, 2008
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- 2
Suppose that the value, V, of a used machine can be calculated by using the formula V=P(1-n/20), where P represents the price of a new machine and n represents the machine's age in years. A company purchased a new machine for $15,000. The value of the machine is now $12,375. How old is the machine?