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Mathematics, 03.10.2021 02:30 Disd112984

Straight-Line Depreciation. A contractor buys a new truck for $38,000. The truck is purchased on January 1
and is expected to last 5 years, at the end of which
time its trade-in, or salvage, value will be $16,500.
If the company figures the decline or depreciation
in value to be the same each year, then the salvage
value V, after t years, is given by the linear function

V(t) = $38,000 – $4300t, for 0 < t < 5.
a) Find V(0), V(1), V(2), V(3), and V(5).
b) Find the domain and the range of this function.

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Answers: 3

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