Answered: Depreciated Value 15,000 12,000 10,000…

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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Question

Depreciation Suppose a business purchases equipment for $12,000 and depreciates it over 5 years with
the straight-line method until it reaches its salvage
value of $2000 (see the figure below). Assuming that
the depreciation can be for any part of a year, do the
following:
a. Write an equation that represents the depreciated
value V as a function of the years t.
b. Write an inequality that indicates that the depreciated value V of the equipment is less than $8000.
c. Write an inequality that describes the time t during which the depreciated value is at least half of
the original value.

Depreciated Value
15,000
12,000
10,000
10,000 -
8000
6000
5000
4000
2000
Years
Dolars

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