A bulldozer was purchased by a construction company for $224,000 and has a depreciated value of $100,000
Question:
A bulldozer was purchased by a construction company for $224,000 and has a depreciated value of $100,000 after 8 years. If the value is depreciated linearly from $224,000 to $100,000,
(A) Find the linear equation that relates value V (in dollars) to time t (in years).
(B) What would be the depreciated value after 12 years?
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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