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May 26, 2015

Homework Help: Algebra

Posted by kim on Monday, March 12, 2012 at 1:54am.

The value of almost everything you own, such as a car, computer, or appliance, depreciates over time. When the value decreases by a fied amount each year, the depreciation is called straight-line depreciation.
Suppose your car has an initial value of $16,750 and depreciates $1030 per year.

a. State a question that you might want answered in this situation.
B. What two variables are involved in this problem?

c. Which variable do you think should be designated as the input variable?

d. Complete the following table.

Year Car is Owned 1 2 3 4 5
Value of Car(s)

e. State in words the relationship between the value of the car and the number of years the car is owned.

f. Use appropriate letters to represent the variables involved and translate the written statement in part e to an equation.

g. If you plan to keep the car for 7 years, determine the value of the car at the end of this period. explain the process you used.

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