A copier was purchased for $9000. For tax purposes the machine depreciates at $1500 per year. If x represents the number of years after the purchase, then the value of the copier (y) after x years is given by the equation y 9000 - 1500x. Find the x- and y-intercepts and explain the significance of each intercept. Also find the value of the copier after 4 years. What is the y-intercept?
A copier was purchased for $9000. For tax purposes the machine depreciates at $1500 per year. If x represents the number of years after the purchase, then the value of the copier (y) after x years is given by the equation y 9000 - 1500x. Find the x- and y-intercepts and explain the significance of each intercept. Also find the value of the copier after 4 years. What is the y-intercept?
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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Transcribed Image Text:The image shows a math problem involving the depreciation of a copier. The text reads as follows:
"A copier was purchased for $9000. For tax purposes the machine depreciates at $1500 per year. If x represents the number of years after the purchase, then the value of the copier (y) after x years is given by the equation y = 9000 - 1500x. Find the x- and y-intercepts and explain the significance of each intercept. Also find the value of the copier after 4 years."
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"What is the y-intercept?"
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