SOLUTION: A company a study computer system with $15000. after eight years the value of the system was estimated to be $2600. assuming that the system depreciates linearly write an equation

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Question 1145367: A company a study computer system with $15000. after eight years the value of the system was estimated to be $2600. assuming that the system depreciates linearly write an equation in the form P equals MT plus b showing the relationship of the word P of the system in the time T in years
Found 3 solutions by richwmiller, ikleyn, josgarithmetic:
Answer by richwmiller(17219)   (Show Source):
You can put this solution on YOUR website!
Too many grammatical errors to understand .

Answer by ikleyn(52803)   (Show Source):
You can put this solution on YOUR website!
.

The slope = = 1550. The formula is P(t) = 15000 - 1550*t, where t is elapsed time in years.

Answer by josgarithmetic(39620)   (Show Source):
You can put this solution on YOUR website!
Problem description is written badly.

Maybe this is something like what it should be:
A computer system is 15000 dollars in value when new, and depreciates to 2600 dollars in eight years. Assuming the value depreciation is linear with time, for P being value, T being time passage in years, find the equation in this form.

M, obviously the slope;

A known point (T, P) is (0, 15000).
That shows the vertical axis intercept.