QuestionAn item bought for \$2,475 depreciates to \$15 in 15 years. Find the linear depreciation function$V(t)$in slope-intercept form.$$V(t)=$$

Studdy Solution
Plug in the values for the slope $m$ and the y-intercept $c$ to get the final equation.
$$V(t) = -\$165t + \$2,475$$So, the value $V$ of the item as a function of time $t$ (in years since purchase) is $V(t) = -\$165t + \$2,475$.