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To lower its corporate income tax, accountants of a large company depreciated a word processing system over several years using a linear model, as shown in the worksheet below. Tax Worksheet Method of depreciation: Linear Years after purchase Property Value Word processing system $52,500 $40,000 (a) Use the information in the worksheet to write a linear equation relating the years since the system was purchased x and its value y, in dollars. y = (b) Find the purchase price of the system by substituting x = 0 into your answer from part (a). $

To lower its corporate income tax, accountants of a large company depreciated a word processing system over several years using a linear model, as shown in the worksheet below. Tax Worksheet Method of depreciation: Linear Years after purchase Property Value Word processing system $52,500 $40,000 (a) Use the information in the worksheet to write a linear equation relating the years since the system was purchased x and its value y, in dollars. y = (b) Find the purchase price of the system by substituting x = 0 into your answer from part (a). $

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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To lower its corporate income tax, accountants of a large company depreciated a word processing system over several years using a linear model, as shown in the worksheet below. Tax Worksheet Method of depreciation: Linear Years after Property Value purchase Word processing system $52,500 4 $40,000 (a) Use the information in the worksheet to write a linear equation relating the years since the system was purchased x and its value y, in dollars. y = (b) Find the purchase price of the system by substituting x = 0 into your answer from part (a). $
Transcribed Image Text:To lower its corporate income tax, accountants of a large company depreciated a word processing system over several years using a linear model, as shown in the worksheet below. Tax Worksheet Method of depreciation: Linear Years after Property Value purchase Word processing system $52,500 4 $40,000 (a) Use the information in the worksheet to write a linear equation relating the years since the system was purchased x and its value y, in dollars. y = (b) Find the purchase price of the system by substituting x = 0 into your answer from part (a). $
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