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