A Contractor Purchases a New Bulldozer For $\$ 45,000$

Short Answer

A contractor purchases a new bulldozer for $\$ 45,000$ . After 15 years the bulldozer will be outdated and have no value. Write a linear equation giving the value $V$ of the equipment during the 15 years it will be used, where $t$ is the number of years after purchase. ch02_p13_20 3/31/10 8:49 AM Page 14