document.write( "Question 1075760: A bulldozer was purchased by a construction company for $224,000 and has a depreciated value of $100,000 after 8 years. If the value is depreciated linearly from $224,000 to $100,000,
\n" );
document.write( "(A) Find the linear equation that relates value V (in dollars) to time t (in years).
\n" );
document.write( "(B) What would be the depreciated value after 12 years?\r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #690392 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! It has depreciated 124000 in 8 years, which is $15,500 per year.\r \n" ); document.write( "\n" ); document.write( "at 0 years (y-intercept), the value was $224,000\r \n" ); document.write( "\n" ); document.write( "The equation is y=224000-15500x. \n" ); document.write( "After 12 years, because 15,500*12=186,000, the value is $224,000-$186,000=$38,000. \n" ); document.write( " |