A company set aside a certain amount of money in the year 2000. The company spent exactly the same amount from that fund each year on perks for its employees. In , there was still left in the fund. In , there was left.
Let be the number of years since 2000, and let be the amount of money left in the fund that year. Use a linear equation to model the amount of money left in the fund after so many years.
The linear model’s slope-intercept equation is
.
In the year , there was
left in the fund.
In the year
, the fund will be empty.
You can earn partial credit on this problem.