Problem

A fence builder buys a posthole digger for $85,000. The digger is expected to last 15 year...

A fence builder buys a posthole digger for $85,000. The digger is expected to last 15 years, after which its value will be $10,000. Write a function that describes the value of the equipment at any time during its lifetime. Be sure to state the domain of the function. What is the worth of the equipment after 5 years? When will the equipment be worth $50,000?

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