Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually
consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating
their income and taxes.
One company buys a new bulldozer for $120300. The company depreciates the bulldozer linearly over its
useful life of 18 years. Its salvage value at the end of 18 years is $16800.
A) Express the value of the bulldozer, V, as a function of how many years old it is, t. Make sure to use
function notation.
B) The value of the bulldozer after 10 years is $