Answer:
3.8 in decimal form, or 3 4/5
Step-by-step explanation:
I just used a calculator, sorry :(
anyways, hope this helped! :)
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: B
Step-by-step explanation: if you divide 27/30 by 3 you get 9/10
I need a picture or something to answer this question