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A business uses straight-line depreciation to determine the value y of an automobile over a 5-year period. Suppose the original value (when t= 0) is equal to $11,000 and the salvage value (when t=5) is equal to $3000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value s of this automobile at the end of year t. The automobile has depreciated $ (Simplify your answer.) over the 5 years. The value of the automobile is reduced by $ at the end of each of the 5 years. (Simplify your answer.) The linear equation that models the value s of this automobile at the end of year t is s =. (Simplify your answer. Do not factor. Type an expression usingt as the variable.)

A business uses straight-line depreciation to determine the value y of an automobile over a 5-year period. Suppose the original value (when t= 0) is equal to $11,000 and the salvage value (when t=5) is equal to $3000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value s of this automobile at the end of year t. The automobile has depreciated $ (Simplify your answer.) over the 5 years. The value of the automobile is reduced by $ at the end of each of the 5 years. (Simplify your answer.) The linear equation that models the value s of this automobile at the end of year t is s =. (Simplify your answer. Do not factor. Type an expression usingt as the variable.)

Algebra and Trigonometry (6th Edition)
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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A business uses straight-line depreciation to determine the value \( y \) of an automobile over a 5-year period. Suppose the original value (when \( t = 0 \)) is equal to $11,000 and the salvage value (when \( t = 5 \)) is equal to $3,000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value \( s \) of this automobile at the end of year \( t \). **The automobile has depreciated $ \_\_ over the 5 years.** (Simplify your answer.) **The value of the automobile is reduced by $ \_\_ at the end of each of the 5 years.** (Simplify your answer.) **The linear equation that models the value \( s \) of this automobile at the end of year \( t \) is \( s = \_\_ \).** (Simplify your answer. Do not factor. Type an expression using \( t \) as the variable.)
Transcribed Image Text:A business uses straight-line depreciation to determine the value \( y \) of an automobile over a 5-year period. Suppose the original value (when \( t = 0 \)) is equal to $11,000 and the salvage value (when \( t = 5 \)) is equal to $3,000. a. By how much has the automobile depreciated over the 5 years? b. By how much is the value of the automobile reduced at the end of each of the 5 years? c. Write the linear equation that models the value \( s \) of this automobile at the end of year \( t \). **The automobile has depreciated $ \_\_ over the 5 years.** (Simplify your answer.) **The value of the automobile is reduced by $ \_\_ at the end of each of the 5 years.** (Simplify your answer.) **The linear equation that models the value \( s \) of this automobile at the end of year \( t \) is \( s = \_\_ \).** (Simplify your answer. Do not factor. Type an expression using \( t \) as the variable.)
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