Business-Depreciation. A farmer buys a new tractor for $157,000 and assumes that it will have a trade-in value of $82,000 after 10 years. The farmer uses a constant rate of depreciation (commonly called straight-line depreciation-one of several methods permitted by the IRS) to determine the annual value of the tractor. (A) Find a linear model for the depreciated value V of the tractor t years after it was purchased. (B) What is the depreciated value of the tractor after 6 years? (C) When will the depreciated value fall below $70,000? (D) Graph V for 0 ≤ t ≤ 20 and illustrate the answers from parts (B) and (C) on the graph.
Business-Depreciation. A farmer buys a new tractor for $157,000 and assumes that it will have a trade-in value of $82,000 after 10 years. The farmer uses a constant rate of depreciation (commonly called straight-line depreciation-one of several methods permitted by the IRS) to determine the annual value of the tractor. (A) Find a linear model for the depreciated value V of the tractor t years after it was purchased. (B) What is the depreciated value of the tractor after 6 years? (C) When will the depreciated value fall below $70,000? (D) Graph V for 0 ≤ t ≤ 20 and illustrate the answers from parts (B) and (C) on the graph.
Solution Summary: The author calculates the linear equation for the depreciated value V of the tractor, t years after it was purchased.
Business-Depreciation. A farmer buys a new tractor for
$157,000
and assumes that it will have a trade-in value of
$82,000
after 10 years. The farmer uses a constant rate of depreciation (commonly called straight-line depreciation-one of several methods permitted by the IRS) to determine the annual value of the tractor.
(A) Find a linear model for the depreciated value
V
of the tractor
t
years after it was
purchased.
(B) What is the depreciated value of the tractor after 6 years?
(C) When will the depreciated value fall below
$70,000?
(D) Graph
V
for
0
≤
t
≤
20
and illustrate the answers from parts (B) and (C) on the graph.
A network server has an original value of 10, 000 and is to be depreciated linearly over 5 years with a 3000 scrap value. Find an expression giving the book value at the end of year t . What will be the book value of the server at the end of the second year? What is the rate of depreciation of the server?
A farmer buys a new tractor for $156,000 and assumes that it will have a trade-in value of $78,000 after 10 years. The farmer uses a constant rate of depreciation to determine the annual value of the tractor
(A) Find a linear model for the depreciated value V of the tractor t years after it was purchased
v=0
(Type your answer in slope-intercept form.)
(8) What is the depreciated value of the tractor after 6 years?
The depreciated value of the tractor after 6 years is
(C) When will the depreciated value fall below $80,000?
The depreciated value will tall below $80,002 during the year.
(Round up to the nearest integer)
(D) Graph V for Osts 20. Choose the correct graph below
OA
170.000
85.000
OB.
170,000
85,000
10
ос
170,000
11
85 000
write a linear equation for this:
"Baden, the health authority's chief financial officer stood by the veracity of that initial timeline Wednesday. He said state officials were hoping to see 200,000 to 250,000 first doses administered per week."
Chapter 1 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
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