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Question
Let $I$ be the purchase value of an equipment and $V(t)$ be the value after it has been used for $t$ years. The value $V(t)$ depreciates at a rate given by differential equation ${{dv\left( t \right)} \over {dt}} = - k\left( {T - t} \right),$ where $k>0$ is a constant and $T$ is the total life in years of the equipment. Then the scrap value $V(T)$ of the equipment is
$I - {{k{T^2}} \over 2}$
$I - {{k{{\left( {T - t} \right)}^2}} \over 2}$
${e^{ - kT}}$
${T^2} - {1 \over k}$

Solution

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