Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
Math 103 Section 1.2: Linear Equations and ... - Bruce E. Shapiro
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Application: Depreciation.<br />
<strong>Linear</strong> Depreciation. Office equipment was purchased for $20,000<br />
<strong>and</strong> is assumed to have a scrap value of $2,000 after 10 years. If<br />
its value is depreciated linearly (for tax purposes) from $20,000<br />
to $2,000:<br />
1. Find the linear equation that relates value (V) in dollars to<br />
time (t) in years. (Hint: you know two points.)<br />
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