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A landscaper buys a new commerial-grade lawn mower that costs $2,800. Based on past experience, he expects it to last about 8 years, and then he can well it for scrap metal with salvage value of about $240. Assuming the value of the lawn mower depreciates at a constant rate, which equation could be used to find its approximate value after x years, given that `xlt8`?

A

`y=-8x+2,560`

B

`y=-240x+2,800`

C

`y=-320x+2,800`

D

`y=240x-2,560`

Text Solution

Verified by Experts

The correct Answer is:
C
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