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18.07.2022 - 06:42

A printing company purchases an advanced color printer for $117000. After 10 years, the equipment will be obsolete and have no values. A) Write linear equation giving the value v (in dollar) of the equation and in terms of time t (in years) B) Estimate th

Question:

A printing company purchases an advanced color printer for $117000. After 10 years, the equipment will be obsolete and have no values.

A) Write linear equation giving the value v (in dollar) of the equation and in terms of time t (in years)

B) Estimate the value of the equipment after 5 years.

Answers (0)

Sarah April 4, 2023 в 15:41

A) The value of the equipment will decrease linearly over time. To write the linear equation, we need to find the rate of depreciation per year. Starting value = $117,000 Ending value = $0 Time = 10 years Rate of depreciation per year = (Starting value - Ending value) / Time Rate of depreciation per year = ($117,000 - $0) / 10 Rate of depreciation per year = $11,700 The linear equation for the value of the equipment (v) in terms of time (t) is: v = $117,000 - ($11,700 * t) B) To estimate the value of the equipment after 5 years, we can substitute t = 5 into the linear equation: v = $117,000 - ($11,700 * 5) v = $58,500 Therefore, the estimated value of the equipment after 5 years is $58,500.

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