The equation in slope intercept form is: y = $42,935 - $4,200x.
Depreciation is the decline in the value of an asset as a result of wear and tear. The truck deprecates by $4,200 every year. This means that the value of the truck declines by $4,200 every year.
This can be represented with this equation: y = $42,935 - $4,200x.
Where:
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