SOLUTION: A bus was purchased for $90,000. Assuming that the bus depreciates at a rate of $5,000 per year (straight-line depreciation) for the first 10 years, write the value v of the bus as

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Question 1131805: A bus was purchased for $90,000. Assuming that the bus depreciates at a rate of $5,000 per year (straight-line depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for
0 ≤ t ≤ 10.
v(t) =____, 0 ≤ t ≤ 10

Answer by Boreal(15235)   (Show Source): You can put this solution on YOUR website!
v(t)=90000-5000t, 0<=t<=10
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