Find a formula for its value as a function of time

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Reference no: EM13204584

For tax purposes, you may have to report the value of your assets, such as cars or refrigerators. The value you report drops with time. ``Straight-line depreciation'' assumes that the value is a linear function of time. If a 1500 dollar refrigerator depreciates completely in 11 years, find a formula for its value as a function of time,x ,in years.

Reference no: EM13204584

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