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See the image for the question

See the image for the question-example-1
User Herve
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Answer:

The value of equipment after 2 years is $58,800

Explanation:

f(n) = 67,500(14/15)ⁿ

where f(n) is the value after n years.

1 – 1 / 15 = 14 / 15.

User Cruncher
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