Linear Depreciation A small business purchases a piece of equipment for $1025. After 5 years, the equipment will be outdated, having no value. (a) Write a linear equation giving the value y (in dollars) of the equipment in terms of the time t (in years), 0 ≤ t ≤ 5 . (b) Use a graphing utility to graph the equation. (c) Move the cursor along the graph and estimate (to two-decimal-place accuracy) the value of the equipment after 3 years. (d) Move the cursor along the graph and estimate (to two-decimal-place accuracy) the time when the value of the equipment will be $600.
Linear Depreciation A small business purchases a piece of equipment for $1025. After 5 years, the equipment will be outdated, having no value. (a) Write a linear equation giving the value y (in dollars) of the equipment in terms of the time t (in years), 0 ≤ t ≤ 5 . (b) Use a graphing utility to graph the equation. (c) Move the cursor along the graph and estimate (to two-decimal-place accuracy) the value of the equipment after 3 years. (d) Move the cursor along the graph and estimate (to two-decimal-place accuracy) the time when the value of the equipment will be $600.
Solution Summary: The author calculates the linear equation for the value y of the equipment in terms of time if cost of equipment is 1025 and after 5 years it will be outdated.
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Linear Equation | Solving Linear Equations | What is Linear Equation in one variable ?; Author: Najam Academy;https://www.youtube.com/watch?v=tHm3X_Ta_iE;License: Standard YouTube License, CC-BY