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The Linear Depreciation Method Assumes That an Item Depreciates the Same

Question 73

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The linear depreciation method assumes that an item depreciates the same amount each year. Suppose a new piece of machinery costs $25,500 and it depreciates $1,750 each year for t years. Set up a linear function that yields the value of the machinery after t years. Please enter your answer in the form f ( t ) = at + b .

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