The linear depreciation method assumes that an item depreciates the same amount each year. Suppose a new piece of machinery costs $33,000 and it depreciates $850 each year for t years. Set up a linear function that yields the value of the machinery after t years.
A)f ( t )= 850 t - 33,000
B)f ( t )= 850 t + 33,000
C)f ( t )= 33,000 - 850 t
D)f ( t )= 33,000 t + 850
E)f ( t )= 33,000 t - 850

Question

Quizplus · Accepted Answer

The machinery depreciates $850 each year, so the value after t years is $33,000 minus $850 multiplied by the number of years, which can be written as f(t) = 33,000 - 850t.

The Linear Depreciation Method Assumes That an Item Depreciates the Same