If (50)x = 1, what are the possible values of x? Explain your answer
1 answer:
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The equation to show the depreciation at the end of x years is
Data;
- cost of machine = 1500
- annual depreciation value = x
This is an equation written to represent a word problem into mathematical statement and this is easier to solve.
To write a linear depreciation model for this machine would be
For number of years, the cost of the machine would become
This is properly written as
where x represents the number of years.
For example, after 5 years, the value of the machine would become
The value of the machine would be $500 at the end of the fifth year.
From the above, the equation to show the depreciation at the end of x years is f(x) = 1500 - 200x
Learn more on linear equations here;
Two thousand dollars is invested at 5.5 percent interest compounded
quarterly for 2 years. Then the amount is $ 2230.88
<u>Solution:</u>
Given that Two thousand dollars is invested at 5.5 percent interest compounded quarterly for 2 years
<em><u>The formula for amount using compounded quarterly is given as</u></em>:
Where, "p" is the principal sum
"R" is the rate of interest
"T" is the number of years
Here in this problem,
P = 2000 ; R = 5.5 ; T = 2 years
Plugging in values in formula we get,
On solving we get,
Hence the amount is $ 2230.88