A small business purchases a piece of equipment for $875. After 5 years the equipment
Chapter 0, Problem 82(choose chapter or problem)
Straight-Line Depreciation A small business purchases a piece of equipment for $875. After 5 years the equipment will be outdated, having no value.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 x, \(0 \leq x \leq 5\).
(b) Find the value of the equipment when x = 2.
(c) Estimate (to two-decimal-place accuracy) the time when the value of the equipment is $200.
Text Transcription:
0 leq x leq 5
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