1. A piece of machinery depreciates by $144,000 per year. In 2020, the equipment is worth...

  

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1. A piece of machinery depreciates by $144,000 per year. In 2020, the equipment is worth $400,000. (a) (3 pts) Assuming the depreciation is linear, write a linear equation in point - slope form that represents the value, V, of the machinery where t is the number of year since 1995. (b) (2 pts) Interpret the meaning of the slope in the context of this situation. Write as a complete sentence with correct units for full credit. (c) (2 pts) Interpret the meaning of (0, 4000000) in the context of this situation. Write as a complete sentence with correct units for full credit. 1. A piece of machinery depreciates by $144,000 per year. In 2020, the equipment is worth $400,000. (a) (3 pts) Assuming the depreciation is linear, write a linear equation in point - slope form that represents the value, V, of the machinery where t is the number of year since 1995. (b) (2 pts) Interpret the meaning of the slope in the context of this situation. Write as a complete sentence with correct units for full credit. (c) (2 pts) Interpret the meaning of (0, 4000000) in the context of this situation. Write as a complete sentence with correct units for full credit.

Answer rating: 100% (QA)

a To write the linear equation in pointslope form we need to find the slope first Given Depreciation ... View the full answer