This will be a straight line
the 2/3 is the slope of the graph and the + 1 is the intersection on the y axis
so the line will pass through y = +1 and the slope (rise / run) will be 2/3
Answer:
6B = F8
Step-by-step explanation:
Initial cost of the jet ski = $925
Percentage of depreciation per year = 15%
Number of years after which the cost of the jetski has to be determined = 7
Then
Depreciated Value = Initial cost( 1 - percentage of depreciation) ^number of years
= 925( 1 - 15%)^7
= 925( 1 - 15/100)^7
= 925(1 - 0.15)^7
= 925(0.85)^7
= 925 *(0.85)^7
= 925 * 0.3206
= 296.53 dollars
So the depreciated cost of the jet ski after 7 years will be $296.53
