Math Problem Statement
Suppose that a company has just purchased a new computer for $2400. The company chooses to depreciate using the straight-line method for 3 years. (a) Write a linear function that expresses the book value V of the computer as a function of its age x. (b) What is the domain of the function found in part (a)? (c) Graph the linear function. (d) What is the book value of the computer after 2 years? (e) When will the computer have a book value of $ 1600$
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Depreciation
Algebra
Formulas
Depreciation rate = (Initial Value - Salvage Value) / Useful Life
V(x) = 2400 - 800x
Theorems
Linear Equation Theorem
Suitable Grade Level
Grades 9-11
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