Suppose that your electric company just purchased a fleet of new trucks for its work force at a cost of $35,000 per truck. Your company chooses to depreciate each vehicle using the straight-line method over 7 years. This means that each truck will depreciate by $35,000 $5,000 per year. 7 (a) Write a linear function that expresses the book value V of each truck as a function of its age, x. (b) Graph the linear function. (c) What is the book value of each truck after 4 years? (d) Interpret the slope. (e) When will the book value of each truck be $10,000?
Suppose that your electric company just purchased a fleet of new trucks for its work force at a cost of $35,000 per truck. Your company chooses to depreciate each vehicle using the straight-line method over 7 years. This means that each truck will depreciate by $35,000 $5,000 per year. 7 (a) Write a linear function that expresses the book value V of each truck as a function of its age, x. (b) Graph the linear function. (c) What is the book value of each truck after 4 years? (d) Interpret the slope. (e) When will the book value of each truck be $10,000?
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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Transcribed Image Text:16.
Suppose that your electric company just purchased a fleet
of new trucks for its work force at a cost of $35,000 per
truck. Your company chooses to depreciate each vehicle
using the straight-line method over 7 years. This means
that each truck will depreciate by
$35,000
=$5,000 per year.
7
(a) Write a linear function that
expresses the book value V of
each truck as a function of its
age, x.
(b) Graph the linear function.
(c) What is the book value of
each truck after 4 years?
(d) Interpret the slope.
(e) When will the book value of
each truck be $10,000?
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