For taxation purposes, a company depreciates its IT equipment using a linear
function. After one year the IT equipment is worth $70,000 and after 5 years it
is valued at $40,000.
(i) Sketch a graph of the relationship between the value (V) of the IT
equipment and the year (t), using the two points given in the question. (You need to determine what will be the dependent variable and independent
variable)

Respuesta :

For guidance purpose only not for the answer purpose here an explanation:

Find the percentage value of how much equipment is decreasing.

p - percentage

Here it is either 5 or 4 power but for illustration i choose this S(5)=70000(1-(p/100))^(5)=40000

here I you should use online calculator or use some tricks to evaluate. After finding percentage choose independent variable to be time and the equipment worth to be dependent variable.