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AleksandrR [38]
4 years ago
5

Doug purchased land for $8,000 in 1995. The year value of the land depreciated by 4% each year thereafter. Use an exponential fu

nction to find the approximate value of the land in 2002.
Mathematics
1 answer:
Marta_Voda [28]4 years ago
4 0

Answer:

Option C. $6,012

Step-by-step explanation:

we know that

The  formula to calculate the depreciated value  is equal to

V=P(1-r)^{t}

where  

V is the the depreciated value  

P is the original value  

r is the rate of depreciation  in decimal

t is Number of Time Periods  

in this problem we have  

t = 7 years

P = $8,000

r = 0.04

substitute in the formula above

V = 8,000(1-0.04)^{7} = 6,012

Hope this helps :)

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Mashutka [201]
When writing an equation of a line, keep in mind that you ALWAYS need two pieces of information when you go to write an equation:
1. ANY point on the line
2. Slope (m)
3. Y-intercept (b)

Once you have these two pieces of information, you plug the x and y values from your point and the slope (m) value into the slope-intercept form, y = mx + b.


Start by solving for the slope of each line. We need two ordered pairs (x, y) from each line to solve for the slope:

Offer A:
(0, 400) and (80, 700)

Let (x1, y1) = (0, 400)
(x2, y2) = (80,700)

m = (y2 - y1)/(x2 - x1)
m = (700 – 400)/(80 – 0) = 300/80 = 15/4

Therefore, the slope (m) for Offer A = 15/4

Next, we need the y-intercept. The y-intercept is the y-coordinate of the point where the graph of the linear equation crosses the y-axis. The y-intercept is also the value of y when x = 0. One of the points we used for solving the slope for Offer A reflects the description for the y-intercept, which is point (0, 400). The y-coordinate is 400–this is the y-intercept of the line.

Now, we can establish the linear equation for Offer A: y = 15/4x + 400

Do the same steps for the other offer:

Offer B:
(0, 500)) and (100,900)
Let (x1, y1) = (0, 500)
(x2, y2) = (100,900)

m = (y2 - y1)/(x2 - x1)
m = (900 - 500)/(100 – 0) = 400/100 = 4

Therefore, the slope for Offer B is 4.

Next, we need the y-intercept. For Offer B, the line crosses at point (0, 500). The y-coordinate, 500 is the y-intercept (b) of the line.

The linear equation for Offer B is:
y = 4x + 500



**NOTE: please double-check the coordinates that I used for solving the slopes of each line before using my inputs. I had a slight difficulty going through the coordinates of your graph because it’s a bit blurry (using my phone to write this post).

Please mark my answers as the Brainliest if you find my explanations helpful :)
5 0
3 years ago
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erastova [34]

Answer:

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Step-by-step explanation:

6(r - 8) = 8r - 36

distribute 6 into r - 8

6r - 48 = 8r - 36

add 36 to both sides

6r - 12 = 8r

subtract 6r from both sides

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divide by 2 on both sides

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3 years ago
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Ghella [55]
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Ierofanga [76]

Answer:

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