Depreciation Suppose the cost of a business property is $1,920,000 and a company depreciates it with the straight-line method. Suppose V is the value of the property after x years and the line representing the value as a function of years passes through the points (10, 1,310,000) and (20, 700,000).
a. What is the slope of the line through these points?
b. What is the annual rate of change of the value of the property?
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