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QUESTION
A building is depreciated by its owner using the straight line depreciation method. The buildings depreciated value after x months of use is given by...
A building is depreciated by its owner using the straight line depreciation method. The buildings depreciated value after x months of use is given by y=600,000-2100x. Determine the following:
What is the slope?
Explain the meaning of the slope relative to the situation
What is the y-intercept?
Explain the meaning of the y intercept relative to the situation
