SOLUTION: A server system was purchased by a company for $10,000. After four years it is estimated that the value of the system will be $4000. If the value in dollars V and the time the syst

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Question 1193898: A server system was purchased by a company for $10,000. After four years it is estimated that the value of the system will be $4000. If the value in dollars V and the time the system has been in use T are related by a linear equation, find the equation that relates V and T
Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
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A server system was purchased by a company for $10,000.
After four years it is estimated that the value of the system will be $4000.
If the value in dollars V and the time the system has been in use T are related by a linear equation,
find the equation that relates V and T
~~~~~~~~~~~~~

The slope coefficient is the ratio of the value increment  of  4000-10000 = -6000  to the time increment of 4 years.


So the slope is   = -1500  (in dollars per year).


Now the value equation is  V(T) = 10000 - 1500T  dollars.    ANSWER

Solved.



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