A small business purchases a piece of equipment for $465. After 3 years the equipment will be outdated, having no value.(a) Write a linear equation giving the value y of the equipment in terms of the time x, 0 S x < 3.y =(b) Find the value of the equipment when x = 2.%$4(c) Estimate (to two-decimal-place accuracy) the time when the value of the equipment is $200.yr

Answered: A small business purchases a piece of…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Similar questions

The speed of a ball dropped from a tower is given by the linear function y = 32x where y is in feet per second and x is the number of seconds since the ball was dropped. Find and interpret the slope and y-intercept of the linear equation.
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Interpret the unstandardized coefficient for highest years of schooling. E.g., Is the relationship positive or negative? How does a one-unit change in schooling (i.e. an increase in one-year of education) influence Y? Interpret the constant (i.e. the intercept) in the equation? What does it indicate? Calculate the average number of hours watched for someone with 12 years of education.
The cost of driving a car includes both fixed costs and mileage costs. Assume that it costs $178.40 per month for insurance and car payments and $0.26 per mile for gasoline, oil, and routine maintenance. (a) Find values for m and b so that y = mx + b models the monthly cost of driving the car x miles. (b) What does the value of b represent?
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Write an equation in the form y = a(b)x to model the situations below: a) Josephine opens a new savings account with Scotiabank that earns /2 0.0625% monthly interest. Josephine deposits $225.00 into this account on the first day of the first month. b) Harold purchases a brand new vehicle for $39,525. According to recent /2 data from Black Book this vehicle will depreciate 20% of its original value after the first year.
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