Suppose the cost of a business property is $480,000, and a company wants to use a straight-line depreciation schedule for a period of 240 months. If y is the value of this property after x months, then the company's depreciation schedule will be the equation of a line through (0,480000) and (240,0). Write the equation of this depreciation schedule.

Question

Suppose the cost of a business property is $480,000, and a company wants to use a straight-line depreciation schedule for a period of 240 months. If y is the value of this property after x months, then the company's depreciation schedule will be the equation of a line through (0,480000) and (240,0). Write the equation of this depreciation schedule. ​

Quizplus · Accepted Answer

The Answer of Suppose the cost of a business property is $480,000, and a company wants to use a straight-line depreciation schedule for a period of 240 months. If y is the value of this property after x months, then the company's depreciation schedule will be the equation of a line through (0,480000) and (240,0). Write the equation of this depreciation schedule. ​

Suppose the Cost of a Business Property Is $480,000, and a Company