Math Problem Statement

A machine is now worth ​$156 comma 700 and will be depreciated linearly over a 11​-year ​period, at which time it will be worth ​$31 comma 190 as scrap. ​(a) Find the rule of depreciation function f. ​(b) What is the domain of​ f? ​(c) What will the machine be worth in 7 ​years? Question content area bottom Part 1 ​(a) Find the rule of depreciation function f. ​f(x)equals    156700 minus 11410 x ​(Do not include the​ $ symbol in your​ answer.) Part 2 ​(b) What is the domain of​ f?

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Depreciation
Algebra
Functions

Formulas

Depreciation function f(x) = Initial value - (Depreciation rate) * x
Depreciation rate = (Initial value - Scrap value) / Time period

Theorems

Linear Function

Suitable Grade Level

Grades 9-12