Question: A farmer buys a new tractor for $ 1 5 5 , 0 0 0 and assumes that it will have a trade in value
A farmer buys a new tractor for $ and assumes that it will have a trade in value of $ after years. The farmer uses a constant rate of depreciation to determine the annual value of the tractor.
a Find a linear model for the depreciated value of the tractor years after it was purchased.
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