An item is purchased for $2,275 reaches a scrap value of $25 after 15 years. Assuming...

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An item is purchased for $2,275 reaches a scrap value of $25 after 15 years. Assuming the item is depreciating linearly with time, find the value V of the item (in dollars) as a function of time t (in years since purchase). Enter your answer in slope-intercept form, using exact numbers. V(t) = An item is purchased for $2,275 reaches a scrap value of $25 after 15 years. Assuming the item is depreciating linearly with time, find the value V of the item (in dollars) as a function of time t (in years since purchase). Enter your answer in slope-intercept form, using exact numbers. V(t) =

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To find the value V of the item as a function of time t we need to determine the slope and yi... View the full answer