A boat was purchased for $45,000. Assuming the boat depreciates at a rate of $4700 per year (straight-line depreciation) for the first 8 years, write the value v of the boat as a function of the time t (measured in years) for 0 ¡Ü t ¡Ü 8.
v(t) = _______ , 0 ¡Ü t ¡Ü 8
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