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:
261.1
Step-by-step explanation:
Wizardry
You use the formula C=2(3.14)r r is the radius and in this situation 2 so the answer will be 12.56
This is how you do it! Please let me know if you need help.
Ik I’m not know help but gee I forgot this just go on google
