The value of almost everything you own assets such as a car computer oar house depreciates goes down overtime when an asset value decreases by a fixed amount each year the depreciation is called straight line depreciation suppose your truck has an initial value of $12,400 depreciates $820 per year write an equation illustrates this function if you plan to keep your truck for seven years and determine the value of the truck at the end of this. Period let v represent the dependent variable in T represent the independent variable