Linear Depreciation A small business purchases a piece of equipment for $1025. After 5

Chapter 1, Problem 89

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Linear Depreciation A small business purchases a piece of equipment for $1025. After 5 years the equipment will be outdated, having no value. (a) Write a linear equation giving the value y of the equipment in terms of the time in years, (b) Use a graphing utility to graph the equation. (c) Move the cursor along the graph and estimate (to twodecimal-place accuracy) the value of the equipment when (d) Move the cursor along the graph and estimate (to twodecimal-place accuracy) the time when the value of the equipment will be $600.

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