5/4(20x+12) =-35
5/4•20x+5/4•12=-35
25x+15=-35
25x+15-15=-35-15
25x=-50
x=-2
Year 1: 1,300 * 55% = 715 depreciation
1,300 - 715 = 585 book value
Year 2: 585 * 55% = 321.75 depreciation
585 - 321.75 = 263.25 book value
Year 3: 263.25 * 55% = 144.79 depreciation
263.25 - 144.79 = 118.46 book value
If the bike was bought 2 years ago, then its current value is $263.25.
Currently, it is the beginning of Year 3 but depreciation is computed at the end of the year.
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Answer:
see the attachment for a graph
Step-by-step explanation:
With the given point and slope, the equation of the line can be written in point-slope form:
y -k = m(x -h) . . . . . line with slope m through point (h, k)
y -2 = 1/2(x +1) . . . . line with slope 1/2 through point (-1, 2)
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Slope is the ratio of rise to run, so a slope of 1/2 means the line will rise 1 unit for each 2 units of run (to the right). If you're plotting this by hand, you can identify a second point that is 2 right and 1 up from the given point:
(-1 +2, 2 +1) = (1, 3).
You can draw your line through those two points.