A business uses straight-line depreciation to determine the value y of an automobile over a 5-year period. Suppose the original value (when t= 0) is equal to $11,000 and the salvage value (when t=5) is equal to $3000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value s of this automobile at the end of year t. The automobile has depreciated $ (Simplify your answer.) over the 5 years. The value of the automobile is reduced by $ at the end of each of the 5 years. (Simplify your answer.) The linear equation that models the value s of this automobile at the end of year t is s =. (Simplify your answer. Do not factor. Type an expression usingt as the variable.)

A business uses straight-line depreciation to determine the value y of an automobile over a 5-year period. Suppose the original value (when t= 0) is equal to $11,000 and the salvage value (when t=5) is equal to $3000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value s of this automobile at the end of year t. The automobile has depreciated $ (Simplify your answer.) over the 5 years. The value of the automobile is reduced by $ at the end of each of the 5 years. (Simplify your answer.) The linear equation that models the value s of this automobile at the end of year t is s =. (Simplify your answer. Do not factor. Type an expression usingt as the variable.)

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section: Chapter Questions

Problem 15T

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