Bert is going to claim a depreciation tax credit for his business car. The car costs $28,000 when new, and Bert anticipates it

Question

Bert is going to claim a depreciation tax credit for his business car. The car costs $28,000 when new, and Bert anticipates it will be worth $16,000 three years later.
(d) How long does it take for the car to lose all of its value?
(c) Express the value V of the car as linear function of time t, the number of years after the car was purchased.
(e) In the context of this problem, what is the range of the linear function?

Kunduz · Accepted Answer

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