A new building that costs $1,200,000 has a useful life of 20 years and a scrap value of $200,000. Using straight-line depreciation, find the equation for the value V in terms of t, where t is in years. (Make sure you use t and not x in your answer.)V(t) = Find the value after 1 year, after 2 years, and after 16 years. Value after 1 year   $   Value after 2 years   $   Value after 16 years   $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
Problem 19CYU
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A new building that costs $1,200,000 has a useful life of 20 years and a scrap value of $200,000. Using straight-line depreciation, find the equation for the value V in terms of t, where t is in years. (Make sure you use t and not x in your answer.)
V(t) = 
Find the value after 1 year, after 2 years, and after 16 years.

Value after 1 year   $  
Value after 2 years   $  
Value after 16 years   $  
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