Solved: In Exercises 67 70, you are given the dollar value of a product in 2008 and the

Chapter 0, Problem 69

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Rate of Change In Exercises 67-70, you are given the dollar value of a product in 2008 and the rate at which the value of the product is expected to change during the next 5 years. Write a linear equation that gives the dollar value V of the product in terms of the year t. (Let t = 0 represent 2000.)

         2008 Value                    Rate

         $17,200                         $1600 decrease per year

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