A Factory Owner Buys a New Machine for $25,000 $0 \leq t \leq 8$

question 13

Multiple Choice

A factory owner buys a new machine for $25,000. After eight years, the machine has a salvage value of $1,000. Find a formula for the value of the machine after t years, where $0 \leq t \leq 8$

• A) V (t) = - 3,000x + 25,000
• B) V (t) = - 3,000x + 1,000
• C) V (t) = 3,000x + 25,000
• D) V (t) = 3,000x - 25,000
• E) V (t) = - 3,000x - 25,000

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