Answer:
23,817$
Step-by-step explanation:
And you will have earned 13,817 in interest.
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:
False the radius would be 6.5
Step-by-step explanation:
Hope this Helps! :)
Slope-intercept form is y = mx + b, where m is the slope of the line and b is the y-intercept.
For the equation y = 5x - 6, m = 5, meaning that the slope of the line is 5.
