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
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