I copier purchased new for $4800 depreciate in value $500 each year. What is the rate of change for this function?
The rate of change for this function can be calculated by dividing the change in the value by the change in time. In this case, the value of the copier is depreciating by $500 each year.
Rate of change = Change in value / Change in time
Rate of change = -$500 / 1 year
Rate of change = -$500/year
Therefore, the rate of change for this function is -$500/year, indicating that the value of the copier is decreasing by $500 annually.
In this case, the rate of change can be determined by dividing the change in value by the change in time.
The change in value is given as $500 each year, and the change in time is 1 year.
Therefore, the rate of change can be calculated as follows:
Rate of change = Change in value / Change in time
= $500 / 1 year
= $500/year
So, the rate of change for this function is $500 per year.
To find the rate of change for this function, we need to determine how quickly the value of the copier is decreasing each year.
The given information tells us that the copier depreciates in value by $500 each year. Depreciation represents a decrease in value, so we can use this information to determine the rate of change.
The rate of change for this function is equal to the slope of the function. In this case, the slope represents how much the value of the copier is decreasing per year.
Let's start with the initial value of the copier, which is $4800. Every year, this value decreases by $500. We can set up a linear equation to represent this situation:
Value of copier = Initial value - Rate of change * Number of years
In this equation, the initial value is $4800, the rate of change is -$500, and the number of years is the independent variable.
So, the equation representing the value of the copier as a function of the number of years is:
Value of copier = 4800 - 500 * Number of years
Now, the rate of change is the coefficient of the independent variable in the equation, which is -500. Therefore, the rate of change for this function is -500, indicating that the copier depreciates in value by $500 per year.