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Problem

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6 Jan 2022

Given information

Given a manufacturing company owns a major piece of equipment that depreciates at the (continuous) rate   , where  is the time measured in months since its last overhaul

Step-by-step explanation

Step 1.
Let  be the value of the equipment at time  
We know from the given information that the rate of depreciation of the equipment is  
By taking the integral of both sides and applying the Fundamental Theorem of Calculus, we find that    
Because we defined   as the value of the equipment, this equation tells us that the integral gives us the total loss of value at time .

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