The small business purchases the computer for $3300. After 4 years value of computer is expected to be $200. For accounting purposes business uses linear depreciation to assess value of computer at the given time. This means that if V is value of computer at time t, then linear equation is utilized to relate V and t.
(a) Determine the linear equation which relates V and t.
(b) Sketch the graph of linear equation.
(c) What do slope and V-intercept of graph represent?
(d) Determine depreciated value of computer 3 years from date of purchase.