The value of a washing machine is given by the formula ,where t is the number of years past 2000, with t = 0 corresponding to 01 January 2000 . a) Determine the value of the machine at the beginning of the year 2000. b) Determine the value of the machine at the beginning of the year 2005. c) By how much did the machine depreciate in value from the beginning to the end of the year 2001? d) When the value of the machine is R2000, the machine is replaced. How many years can the machine be used before it is replaced
the value of a holiday resort is given by the formula , where t is the number of years past 1980 (01 January 1980 is taken as t = 0), and V is in thousands of Rand. a)Determine the value of the resort at the beginning of the year 1980. b) Determine the value of the resort at the beginning of the year 1990. c) By how much did the value of the resort increase between the beginning and the end of the year 1981?d) In which year will the value of the resort triple from its original (January 1980) value?
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