Define f(1) in a way that extends (S^3-1)/(S^2-1) to be continuous at S=1
1 answer:
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Answer:
$102,000
Step-by-step explanation:
Given:
Set land value = $30,000
Buying cost of the property = $150,000
Now,
The Improvement Value = Buying cost - Land value
or
The Improvement Value = $150,000 - $30,000 = $120,000
Now,
Depreciation per year =
or
Depreciation per year =
or
Depreciation per year = $3,428.57
Therefore,
The depreciated over 14 years = $3,428.57 × 14 yrs = $48,000
Hence,
the value of property after 14 years will be
= $150,000 - $48,000
= $102,000