SOLUTION: A sub shop purchases a used pizza oven for $605. After 5 years, the oven will have to be replaced. Write a linear equation giving the value V of the equipment during the 5 years it
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A sub shop purchases a used pizza oven for $605. After 5 years, the oven will have to be replaced. Write a linear equation giving the value V of the equipment during the 5 years it
Log On
Question 543313: A sub shop purchases a used pizza oven for $605. After 5 years, the oven will have to be replaced. Write a linear equation giving the value V of the equipment during the 5 years it will be in use. Answer by jpg7n16(66) (Show Source):
You can put this solution on YOUR website! After 5 years, the $605 oven is worth $0 (assuming no salvage value), so they're losing 605/5=121/year
Easiest linear equation to create is:
Oven's value is $605 minus $121 per year.
Where "V" = value of the oven, and "t" = time in years.
(