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A truck costs $80,000. It depreciates in value $6,000 per year. Write a linear model in the form v(t)=mt + b where v(t) represents the current value of the truck after t years of ownership.

Respuesta :

The required expression is v(t) = 80,000 - $6000t

Cost of the truck =  $80,000

Depreciation rate = $6000/year

What is cost price?

Cost price is that price for buyer which he pays to seller for an object or product.

Required expression-

m = $6000
t = time in years
b = original price
v(t) = mt + b
v(t) = -$6000t + $80000

negative sign for depreciation

Thus, the required expression is v(t) = 80,000 - $6000t

Learn more about cost price here:
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