Concept explainers
To calculate: The value of automobile y years after it is purchased.
Answer to Problem 2P
The value of automobile y years after it is purchased is tabulated below.
Explanation of Solution
Given information:
The relation
Calculation:
Consider the relation
To evaluate the value of automobile at present and after 1, 2, 3, 5 and 10 years, substitute as provided below.
Now, the value of automobile at present that is now is when
With the help of calculator evaluate the value of expression.
Now, the value of automobile after 1 year is when
With the help of calculator evaluate the value of expression.
Now, the value of automobile after 2 years is when
With the help of calculator evaluate the value of expression.
Now, the value of automobile after 3 years is when
With the help of calculator evaluate the value of expression.
Now, the value of automobile after 5 years is when
With the help of calculator evaluate the value of expression.
Now, the value of automobile after 10 years is when
With the help of calculator evaluate the value of expression.
Thus, the value of automobile y years after it is purchased is tabulated below.
Chapter 7 Solutions
Algebra: Structure And Method, Book 1
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