Question

A copier purchase new for $4800 depreciate in value $500 each year. What is the function that models this equation

Answer 1

The function that models this equation is:

V(t) = 4800 - 500t

Where:
V(t) represents the value of the copier at time t in years,
4800 is the initial value of the copier,
-500 is the rate at which the copier depreciates each year, and
t represents time in years.