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 = 194Answer: 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 = 194Answer: $194
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