Determine book value of machine at the end of year four, Mathematics

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Determine book value of machine at the end of year four

Your company has bought the $12,000 machine which has the useful life of 8 years. Salvage value of machine at the end of eight years is $2,000. On y-axis indicate value and on x-axis the years. Write the linear equation which explains book value of machine each year. Determine book value of machine at the end of year four?

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