Solve the Problem. -A Piece of Equipment Was Purchased by a Company for a Company

Multiple Choice

Solve the problem.
-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 e t,

A) V = 700t + 10,000
B) T = - 700V + 10,000
C) V = - 700t - 10,000
D) V = - 700t + 10,000