SOLUTION: A school district purchases a high-volume printer, copier, and scanner for $25,000. After 10 years, the equipment will have to be replaced. Its value at that time is expected to be

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Question 263588: A school district purchases a high-volume printer, copier, and scanner for $25,000. After 10 years, the equipment will have to be replaced. Its value at that time is expected to be $2000. Write a linear equation giving the value V of the equipment during the 10 years it will be in use.
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let the time in years after the equipment
was bought = , for example,
would be year after it was bought
Let = the value of the equipment
at any point in time
When ,
When ,
The equation to use is




answer
I'll plot this (V is in thousands of dollars)


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