A Small Business Purchases a Piece of Equipment for $1,740

question 328

Multiple Choice

A small business purchases a piece of equipment for $1,740.After 5 years,the equipment will be outdated,having no value.Write a linear equation giving the value V of the equipment in terms of time t in years, ​

• A) ​
• B) ​
• C) ​
• D) ​
• E) ​

---

Definitions:

Liability Coverage

Insurance that provides protection against claims resulting from injuries and damage to people and/or property.

Negligently

Acting in a careless or thoughtless manner, often resulting in harm or damage to others.

Indemnity

A security or protection against a financial liability or loss.

Disability Insurance

A type of insurance policy providing income in the event a worker is unable to perform their job due to disability.