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11th Edition

Ron Larson + 1 other

Publisher: Cengage Learning

ISBN: 9781337275347

Chapter P.2, Problem 64E

Textbook Problem

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Rate of Change **In Exercises 63 and 64, you are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Write a linear equation that gives the dollar value V of the product in terms of the year t. (Let**

**represent 2010.)**

**2016 Value Rate**

$17,200 $1600 decrease per year

To determine

**To calculate:** The expression of the linear equation that gives the dollar value

**Given:**

The product value

**Formula used:**

The equation of a straight line is given as

**Calculation:**

The rate of value of the product is equal to the slope of a linear equation that gives value of the product. So, the slope of the value of product is

Substitute

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