Matt bought an iPod from the Apple Store for $350. If it's value will depreciate by $52 a year, how much should Matt sell his iP
od for in 3 years?
2 answers:
Decreasing by $52 every year, we need to subtract 52 for each year.
350 is the original price.
52x is the amount decreased by how many years
350 - 52(3) = ?
350-156 = 194
Answer: Matt should sell his iPod for $194 in 3 years
The equation is
y = 350 - 52(x) where x signifies the number of years and y signifies the value of the iPod.
Since the question asks for the value after 3 years, x becomes 3.
The equation is
y = 350 - 52(3)
y = 52(3) = 156
The equation is simplified to
y = 350 - 156
y = 194
Answer: $194
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