A certain machine is depreciated linearly over time. Initially the machine was purchased in 2012 for $250000 and will have a scrap value of $18000 in 8 years. Write an equation that gives the book value of this machine x years after it purchased. What is the book value in 2016?

Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.4: Linear Equations In Two Variables
Problem 7ECP
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A certain machine is depreciated linearly over time. Initially the machine was purchased in 2012 for $250000 and will have a scrap value of $18000 in 8 years. Write an equation that gives the book value of this machine x years after it purchased. What is the book value in 2016?

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