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A V(t) = -1,700t + 32,000; value after 5 years = $23,500

A V(t) = -1,700t + 32,000; value after 5 years = $23,500

Calculus: Early Transcendentals
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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A minivan was purchased for $32,000. If the value of the minivan depreciates by $1,700 per year, find a linear function that models the value V of the car after t years. Use the function and find the value of the car after 5 years. (A) V(t) = -1,700t + 32,000; value after 5 years = $23,500 B V(t) = -1,700 + 32,000; value after 5 years = $30,300 (C) V(t) = 1,700 + 32,000; value after 5 years = $33,700 D V(t) = 1,700t + 32,000; value after 5 years = $40,500
Transcribed Image Text:A minivan was purchased for $32,000. If the value of the minivan depreciates by $1,700 per year, find a linear function that models the value V of the car after t years. Use the function and find the value of the car after 5 years. (A) V(t) = -1,700t + 32,000; value after 5 years = $23,500 B V(t) = -1,700 + 32,000; value after 5 years = $30,300 (C) V(t) = 1,700 + 32,000; value after 5 years = $33,700 D V(t) = 1,700t + 32,000; value after 5 years = $40,500
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