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  3. the declining-balance method of depreciation is an

The declining-balance method of depreciation is an accounting method businesses use to deduct most of...

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Accounting

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The declining-balance method of depreciation is an accounting method businesses use to deduct most of the cost of new equipment during the first few years of purchase. Unillke othermethods, the declining-balance formula does not consider salvage value. For the value of a crane, the function V(t)=375000(10.3)t. Where T is value and t is time in years, can be used to find the value of the crane for the first 7 years of use. a. What is the value if the crane after 2 years and 9 months? The value of the crane will be $ b. State the domain of the function. t c. State the range of this function. V(t)

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