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Find the linear equation that relates value v

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Reference no: EM132829101

Due to bad economic conditions, a home valued at RM 500,000 in 2015 dropped in value to RM 300,000 in 2019. Assuming the value of the house depreciated according to a linear model, (a) Find the linear equation that relates value V (in RM ) to the year t. (b) What would be the depreciated value of the house in the year 2021 if the economic conditions do not improve?

Reference no: EM132829101

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