Problem

Depreciation A business property can be depreciated for tax purposes by using the formula...

Depreciation A business property can be depreciated for tax purposes by using the formula y + 15,000x = 300,000, where y is the value of the property x years after it was purchased.

a. For what x-values is the property value below $150,000?


b. After how many years is the property value below $150,000?

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