Straight-line depreciation is a method of calculating an asset’s value by subtracting its salvage value from its acquisition or purchase price divided by the estimated useful life of the asset. suppose a manufacturing robot cost $1.5 million in 2005 and is sold in 2010 for $50,000. what is the linear equation representing the value of the robot?

Linear equation is V(t) = 1500 - 290t

Step-by-step explanation:

To find the linear equation representing the value of the robot we will calculate per year depreciation in the cost of the robot.

Rate of depreciation =

                                 =

                                 =

                                 =

If depreciation is represented by V(t) (in $000) then equation will be

V(t) = 1500 - 290t

y = - 6

step-by-step explanation:

given the point (- 2, y) lies on the graph then it is a solution of it's equation.

substitute x = - 2 into the equation for value of y

y = 3(- 2) = 3 × - 2 = - 6

the point on the graph is (- 2, 6)

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step-by-step explanation:

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