A manufacturing company purchased a new diamond tipped saw blade for $7800 and it will depreciate on a straight line basis over the next 6 years. At that time, it will be sold for scrap for $96. Write a depreciation equation for the saw blade using the variables x and y.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.3: Parallel And Perpendicular Lines
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A manufacturing company purchased a new diamond tipped saw blade for $7800 and it will depreciate on a straight line basis over the next 6 years. At that time, it will be sold for scrap for $96. Write a depreciation equation for the saw blade using the variables x and y. 

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