Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating their income and taxes. One company buys a new bulldozer for $96600. The company depreciates the bulldozer linearly over its useful life of 17 years. Its salvage value at the end of 17 years is $11600. A)  Express the value of the bulldozer, V, in terms of its age, t. V =   ? B)  The value of the bulldozer after 4 years is $.?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 60E
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Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating their income and taxes.

One company buys a new bulldozer for $96600. The company depreciates the bulldozer linearly over its useful life of 17 years. Its salvage value at the end of 17 years is $11600.

A)  Express the value of the bulldozer, V, in terms of its age, t. V =   ?

B)  The value of the bulldozer after 4 years is $.?

 

C . Ross sells 65 shirts at a price of $35 each. They find that if they increase the shirt price by $1, the number of shirts sold drops by 3.

Find an equation in the form y=mx+b that models the shirt sales, where xx is the price of a shirt and y is the number of shirts sold.

Answer: y=?
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