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OpenStudy (anonymous):
A piece of equipment was purchased by a company for $10,000 and is assumed to have a salvage value of $3,000 in 10 years. If its value is depreciated linearly from $10,000 to $3,000, find a linear equation in the form V = mt + b, t time in years, that will give the salvage value at any time t, 0≤t≤10.
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