Problem

Depreciation A business property valued at $300,000 is depreciated over 30 years by the st...

Depreciation A business property valued at $300,000 is depreciated over 30 years by the straight-line method, so its value x years after the depreciation began is

V = 300,000 − 10,000x

Explain why the value of the property is a function of the number of years.

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