A contractor buys a new truck for $23,000. The truck is purchased on January 1 and is expected to last 5 years, at the end of which time its trade-in, or salvage, value will be $4500. If the company figures the decline or depreciation in value to be the same each year, then the salvage value V, after t years, is given by the linear function
V(t) = $23,000 - $3700t, for 0 ≤ t ≤ 5.
(a) Graph V.
(b) Find V(0), V(1), V(2), V(3), and V(5).
(c) Find the domain and the range of this function.
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