A farmer buys a new tractor for $158,000 and assumes that it

Last updated: 8/12/2022

A farmer buys a new tractor for $158,000 and assumes that it will have a trade-in value of $84,000 after 10 years. The farmer uses a constant rate of depreciation to determine the annual value of the tractor. (A) Find a linear model for the depreciated value V of the tractor t years after it was purchased. V= (B) What is the depreciated value of the tractor after 6 years? The depreciated value of the tractor after 6 years is $ (C) When will the depreciated value fall below $50,000? The depreciated value will fall below $50,000 during the (D) Graph V for 0≤t≤20. Choose the correct graph below. O A. 200,000 AV Q Q th year. O B. AV Hemm 200,000+ (...) Q O C. 200,000 Q