Question: Practice 1. Write the linear equation to model each of the following situations: a. A new machine costs $70,000 and has a salvage value of

Practice 1. Write the linear equation to model each of the following situations: a. A new machine costs $70,000 and has a salvage value of $21,000 after 5 years. Let S = mt + b, where Sis the salvage value and t is the time in years

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