An item costs $1300, has a scrap value of $100, and a useful life of six years. The linear Equation relating book value and number of years is:
A. BV = -100x + 1300
B. BV = -100x + 1200
C. BV = -200x + 1200
D. BV = -200x + 1300
Hi, here we need to find the linear equaiton relating book value and number of years.
The book cost is $1300 and the scrap value is $100 after 6 years.
Let x be ...
The linear Equation relating book-value and number of years is found. The solution is detailed and well presented. The response received a rating of "5/5" from the student who originally posted the question.