Algebra
posted by kim .
The value of many things we own depreciates over time. When an asset's value decreases by a fixed amount each year, the depreciation is called straightline depreciation. Suppose your Ford Escape from Exercise 1 depreciates $1950 per year.
a.Let v represent the value of your ford Escape after t years. Write a symbolic.
b. What is the value of the car after 4 years?
c. How long will it take for the value of the car to decrease below $5000?
note the Ford Escape from exercise 1 has a $4500 credit toward purchase of new car and the car payments are $420 a month.

Algebra 
Henry
a. V = C  1950t.
C = Cost.
b . V = C  1950*4.
c. V = C  1950t = $5000.
1950t = 5000  C.
t = (5000C) / 1950.
Respond to this Question
Similar Questions

Business Math
(DEPRECIATION SCHEDULE A) A. A $1200 postage printing system depreciated using the straightline method over 4years. In your depreciation schedule, give the following information for each year: 1.The year's depreciation 2.The accumulated … 
Algebra
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 straightline depreciation. Suppose your car has … 
Algebra
A boat was purchased for $45,000. Assuming the boat depreciates at a rate of $4700 per year (straightline depreciation) for the first 8 years, write the value v of the boat as a function of the time t (measured in years) for 0 ¡Ü … 
algebra
A boat was purchased for $45,000. Assuming the boat depreciates at a rate of $4700 per year (straightline depreciation) for the first 8 years, write the value v of the boat as a function of the time t (measured in years) for 0 ¡Ü … 
algebra
A bus was purchased for $80,000. Assuming the bus depreciates at a rate of $6,000 per year (straightline depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for 0 ¡Ü … 
algebra
A bus was purchased for $80,000. Assuming the bus depreciates at a rate of $6,000 per year (straightline depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for 0 ¡Ü … 
algebra
A bus was purchased for $80,000. Assuming the bus depreciates at a rate of $6,000 per year (straightline depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for 0 ¡Ü … 
college algebra
A bus was purchased for $80,000. Assuming the bus depreciates at a rate of $6,000 per year (straightline depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for 0 ¡Ü … 
algebra
A bus was purchased for $70,000, assuming the bus depreciates at a rate of $6,000 per year(straight line depreciation) for the first 10 years, write the value v of the bus as a function of the time t (measured in years) for 0 < … 
Advanced Algebra
Depreciation: A construction company purchases a bulldozer for $160,000. Each year the value of the buldozer depreciates by 20% of its value in the preceeding year. Let V sub n be the value of the bulldozer.(Let n=1 be the year the …