The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is V = 10.5 - 1.3t. (a) Calculate V(3). 6.6 thousand dollars Explain in practical terms what your answer means. This means that the resale value of the boat will be 6.6 thousand dollars at the start of the year 2014 (b) In what year will the resale value be 5.3 thousand dollars? 2015 (c) Solve for t in the formula above to obtain a formula expressing t as a function of V. t = 10.5 - 1.3(4) (d) In what year will the resale value be 2.7 thousand dollars? 2017 Need Help? Master It Read It

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 25SE: For the following exercises, consider this scenario: The number of people afflicted with the common...
icon
Related questions
Question
Part B only
The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is
V = 10.5 - 1.3t.
(a) Calculate V(3).
6.6
thousand dollars
Explain in practical terms what your answer means.
This means that the resale value of the boat will be6.6
thousand dollars at the start of the year 2014
(b) In what year will the resale value be 5.3 thousand dollars?
2015
(c) Solve for t in the formula above to obtain a formula expressing t as a function of V.
t = 10.5- 1.3(4)
(d) In what year will the resale value be 2.7 thousand dollars?
2017
Need Help?
Read It
Master It
P Type here to search
B.
NO- 1080
%2:
Transcribed Image Text:The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is V = 10.5 - 1.3t. (a) Calculate V(3). 6.6 thousand dollars Explain in practical terms what your answer means. This means that the resale value of the boat will be6.6 thousand dollars at the start of the year 2014 (b) In what year will the resale value be 5.3 thousand dollars? 2015 (c) Solve for t in the formula above to obtain a formula expressing t as a function of V. t = 10.5- 1.3(4) (d) In what year will the resale value be 2.7 thousand dollars? 2017 Need Help? Read It Master It P Type here to search B. NO- 1080 %2:
Expert Solution
Step 1

Given:-

The resale value V, in thousands of dollars, of a boat is a function of the number of years t since the start of 2011, and the formula is

V = 10.5-1.3t.

 

To find:-

a) Calculate V(3).

 

(b) In what year will the resale value be 5.3 thousand dollars?

(c) Solve for t in the formula above to obtain a formula expressing t as a function of V.

 

(d) In what year will the resale value be 2.7 thousand dollars?

 

steps

Step by step

Solved in 6 steps

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning