Rate of Change The purchase price of a new machine is

Authors:

Ron Larson, Bruce H.edwards

Chapter:

Preparation For Calculus

Exercise:

P. Review Exercises

Question:31 | ISBN:9780547167022 | Edition: 9

Question

Rate of Change The purchase price of a new machine is $12,500, and its value will decrease by $850 per year. Use this information to write a linear equation that gives the value $V$ of the machine $t$ years after it is purchased. Find its value at the end of 3 years.

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