Math Problem Statement

The function V(t) = -3500t + 20000, where V is value and t is time in years, can be used to find the value of a large copy machine during the first 5 years of use. a) What is the value of the copier after 3 years and 6 months? b) What is the salvage value of the copier if it is replaced after 5 years? c) State the domain of this function. d) Sketch the graph of this function.

Solution

The problem in the image involves a linear depreciation function for a copier machine, where the function V(t)=3500t+20000V(t) = -3500t + 20000 gives the value VV of the copier after tt years.

Let's break down the solution for each part:

a. Value of the copier after 3 years and 6 months:

Here, t=3.5t = 3.5 years.

Substitute t=3.5t = 3.5 into the equation: V(3.5)=3500(3.5)+20000V(3.5) = -3500(3.5) + 20000 V(3.5)=12250+20000=7750V(3.5) = -12250 + 20000 = 7750

So, after 3 years and 6 months, the copier is worth $7,750.

b. Salvage value of the copier after 5 years:

Here, t=5t = 5.

Substitute t=5t = 5 into the equation: V(5)=3500(5)+20000V(5) = -3500(5) + 20000 V(5)=17500+20000=2500V(5) = -17500 + 20000 = 2500

So, after 5 years, the salvage value of the copier is $2,500.

c. Domain of the function:

The copier depreciates over 5 years, so tt is between 0 and 5 years.

Thus, the domain is: 0t50 \leq t \leq 5

d. Sketch the graph:

This is a straight line graph since the function is linear. The two key points are:

  • At t=0t = 0, V(0)=20000V(0) = 20000.
  • At t=5t = 5, V(5)=2500V(5) = 2500.

Plot these two points and draw a straight line through them to get the graph of the depreciation function.


Would you like further details or explanations on any part? Here are 5 related questions to deepen your understanding:

  1. How do you calculate the value of the copier after any arbitrary time tt?
  2. What happens to the value of the copier beyond 5 years?
  3. What does the slope of the depreciation function represent in this context?
  4. How could you find the time when the copier's value becomes zero using the given function?
  5. What is the significance of the y-intercept in the depreciation function?

Tip: Always check the units of your variables (years, dollars) to ensure you're interpreting the function correctly when substituting values.

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Math Problem Analysis

Mathematical Concepts

Linear Functions
Depreciation
Graphing

Formulas

Linear depreciation function: V(t) = -3500t + 20000

Theorems

Linear relationships between time and value

Suitable Grade Level

Grades 9-12