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)

Question

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.

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