Answered You can buy a ready-made answer or pick a professional tutor to order an original one.

QUESTION

A delivery truck is purchased new for $54,000. a. Write a linear function of the form y = mt + b to represent the value y of the vehicle t years after purchase. Assume that the vehicle is depreciated

A delivery truck is purchased new for $54,000. 

a. Write a linear function of the form y = mt + b to represent the value y of the vehicle t years after purchase. Assume that the vehicle is depreciated by $ 6750 per year. 

b. Suppose that the vehicle is depreciated so that it holds 70% of its value form the previous year. Write an exponential function of the form y = Vobt, where V0 is the initial value and t is the number of years after purchase. 

c. To the nearest dollar, determine the value of the vehicle after 4 yr and after 8 yr using the linear model. 

d. To the nearest dollar, determine the value of the vehicle after 4 yr and after 8 yr using the exponential model. 

Show more
  • @
  • 1360 orders completed
ANSWER

Tutor has posted answer for $10.00. See answer's preview

$10.00

******

Click here to download attached files: IMG-20181125-WA0013[135522].jpg
Click here to download attached files: IMG-20181125-WA0013[13552].jpg
or Buy custom answer
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question