What is the answer to this problem?
1 answer:
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Answer:
The required expression is
Step-by-step explanation:
Consider the provided information.
National Textile installed a new textile machine in one of its factories at a cost of $250,000.
That means for 0 year the cost of the machine is $250,000.
This can be written as: (0, 250,000)
Over 10 years with a scrap value of $10,000
That means for 10 year the cost of the machine is $10,000.
This can be written as: (10, 10,000)
Now first find the rate of change:
Rate of change=m=
Rate of change=m=
Rate of change=m=
Now use the point-slope form of an equation of a line with the point (0, 250,000), we can find the required expression.
Hence, the required expression is