Let the value of the vehicle be described by the equation
V = a + bx
where x = number of years since purchase
a,b are constants.
When x = 0, V = $7500. Therefore
a + b*0 = 7500
a = 7500
When x = 7, V = $500. Therefore
7500 + 7b = 500
7b = 500 -7500 = -7000
b = -7000/7 = -1000
The equation is
V = 7500 - 1000x
The slope of this equation is the depreciation rate, and it is -$1000 per year.
Answer: $1000 depreciation per year.
Answer: C
Step-by-step explanation: This is actually very simple, all you have to do is type in a calculator 25 divided by 6. After that you will be given 4.1666666 repeating. So your answer is 4.16 with a repeating 6. Hope this helps!
[ Answer ]
[ Explanation ]
- System Of Equations
-----------------------------------
- Isolate x for x + x + 10 = 10: x = 0
For y = 10
Substitute x = 0
Y = 0 + 10
0 + 10 = 10
y = 10
X = 0
Y = 10