A piece of equipment was purchased by a company for
$10,000
and is assumed to have a salvage value of
$3,000
in 10 years. If its value is depreciated linearly from
$10,000
to
$3,000
, find a linear equation in the form
V=mt b,t
time in years, that will give the salvage value at any time t .
0<=t<=10
. A)
V=-700t 10,000
B)
V=700t 10,000
C)
T=-700V 10,000
D)
V=-700t-10,000

Question

A piece of equipment was purchased by a company for

$10,000

and is assumed to have a salvage value of

$3,000

in 10 years. If its value is depreciated linearly from

$10,000

to

$3,000

, find a linear equation in the form

V=mt b,t

time in years, that will give the salvage value at any time t .

0<=t<=10

. A)

V=-700t 10,000

B)

V=700t 10,000

C)

T=-700V 10,000

D)

V=-700t-10,000

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