Value of a Forklift. Elliot buys a new forklift for his business. It will cost $140,000 and will decrease in value each year. The graph below shows the value of the forklift after the first 6 years of ownership. falue ($) 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 V 1 2 3 4 Time in years 5 6 t a. How much is the forklift worth after 6 years? The forklift will be worth $ after 6 years. c. Find the slope of this line. The slope of this line is b. After how many years is the forklift worth $80,000? The forklift will be worth $80,000 after years. d. By how many dollars per year is the forklift decreasing in value? The forklift is decreasing by $ in value per year. e. Find the equation of this line where Vis the value after tyears.
Value of a Forklift. Elliot buys a new forklift for his business. It will cost $140,000 and will decrease in value each year. The graph below shows the value of the forklift after the first 6 years of ownership. falue ($) 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 V 1 2 3 4 Time in years 5 6 t a. How much is the forklift worth after 6 years? The forklift will be worth $ after 6 years. c. Find the slope of this line. The slope of this line is b. After how many years is the forklift worth $80,000? The forklift will be worth $80,000 after years. d. By how many dollars per year is the forklift decreasing in value? The forklift is decreasing by $ in value per year. e. Find the equation of this line where Vis the value after tyears.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Value of a Forklift. Elliot buys a new forklift for his business. It will cost $140,000 and will decrease in
value each year. The graph below shows the value of the forklift after the first 6 years of ownership.
Value ($)
V
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
1
2 3
4
Time in years
73°F
5 6
a. How much is the forklift worth after 6 years?
The forklift will be worth $
c. Find the slope of this line.
The slope of this line is
t
b. After how many years is the forklift worth $80,000?
The forklift will be worth $80,000 after
after 6 years.
years.
d. By how many dollars per year is the forklift decreasing in value?
The forklift is decreasing by $
in value per year.
e. Find the equation of this line where Vis the value after t years.
10
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