A company purchases a new piece of equipment for $5,000.00. The value of the equipment steadily decreases, until it has a value of $0, as it ages. We are able to model the value of the equipment, in $, t years after it was purchased by the function v(t) = 320t + 5000. After how many years will the value of the equipment be $1,480.00? Select an answer v What is the value of the equipment after 16 years? Select an answer v
A company purchases a new piece of equipment for $5,000.00. The value of the equipment steadily decreases, until it has a value of $0, as it ages. We are able to model the value of the equipment, in $, t years after it was purchased by the function v(t) = 320t + 5000. After how many years will the value of the equipment be $1,480.00? Select an answer v What is the value of the equipment after 16 years? Select an answer v
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 company purchases a new piece of equipment for $5,000.00. The value of the equipment steadily decreases, until it has a value of $0, as it ages. We are able to model the value of the equipment, in $, tt years after it was purchased by the function v(t)=−320t+5000.v(t)=-320t+5000.
After how many years will the value of the equipment be $1,480.00?
What is the value of the equipment after 16 years?

Transcribed Image Text:A company purchases a new piece of equipment for $5,000.00. The value of the equipment steadily
decreases, until it has a value of $0, as it ages. We are able to model the value of the equipment, in
$, t years after it was purchased by the function v(t) =
320t + 5000.
After how many years will the value of the equipment be $1,480.00?
Select an answer v
What is the value of the equipment after 16 years?
Select an answer v
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