A tractor was purchased for $30,000 six years ago. what is the value of the tractor today if the depreciation rate was 2.5%?

1 answer:

6 0

Initial cost = $30,000
Depreciation rate = 2.5%

Depreciation expense per year = 30,000*2.5/100 = $750
In six years,
Depreciation = 6*750 = $4,500

Value of the tractor = Initial cost - Depreciation = $30,000 - $4,500 = $25,500

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<h3>What is a function?</h3>

A function can be defined as a mathematical expression that defines and represents the relationship between two or more variable, which is typically modelled as input (x-values) and output (y-values).

<h3>The types of function.</h3>

In Mathematics, there are different types of functions and these include the following;

Periodic function

Inverse function

Modulus function

Signum function

Piece-wise defined function.

Function g is represented by the following table and a line representing these data is plotted in the graph that is shown in the image attached below.

x -1 0 1 2 3 4

g(x) 24 6 0 -2

Based on the line, we can logically deduce the following points:

y-intercept approaches -2.43 to 24.86.

x-intercept approaches negative infinity (-∞) to infinity (∞).

This ultimately implies that, a statement correctly compares functions f and g is that both functions have the same end behavior as x approaches -∞ but different end behavior as x approaches ∞.

Read more on function here: brainly.com/question/9315909

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