A hospital purchases a $500,000 magnetic resonance imaging (MRI) machine that has a useful life of 9 years. The salvage value at the end of 9 years is $86,000.   Write a linear equation that describes the value y (in dollars) of the MRI machine in terms of the time t (in years),  0 ≤ t ≤ 9.       (b) Find the value, in dollars, of the machine after 6 years.   (c) Find the time, in years, when the value of the equipment will be $160,000. (Round your answer to two decimal places.)

Trigonometry (MindTap Course List)
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ISBN:9781337278461
Author:Ron Larson
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SectionP.4: Linear Equations In Two Variables
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A hospital purchases a $500,000 magnetic resonance imaging (MRI) machine that has a useful life of 9 years. The salvage value at the end of 9 years is $86,000.
 
Write a linear equation that describes the value y (in dollars) of the MRI machine in terms of the time t (in years), 
0 ≤ t ≤ 9.
 
 
 
(b)
Find the value, in dollars, of the machine after 6 years.
 
(c)
Find the time, in years, when the value of the equipment will be $160,000. (Round your answer to two decimal places.)
 
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