3. The annual depreciation of a new laptop is given by the linear relationV20+50t3100where is the current value in $ and t is the time in years since the laptop was purchased.a) Find the V-intercept of this relation by setting t to 0 and solving for V. Show your steps.Explain what this answer means in the context of this problem.b) Find the t-intercept by setting V to 0 and solving for t. Show your steps.Explain what this answer means in the context of this problem.

GivenIt means initially when the laptop was purchased its value was $2000.

Answered: 3. The annual depreciation of a new…

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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3. The annual depreciation of a new laptop is given by the linear relation 20 + 50t 3 100 where Vis the current value in $ and t is the time in years since the laptop was purchased. a) Find the V-intercept of this relation by setting t to 0 and solving for V. Show your steps.