SOLUTION: Problem2.
High Tech Graphics bought a fax machine for $750. The fax machine depreciates at a rate of $25 a month.
(a) Find a function F that can be used to determine the value of
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Question 201383: Problem2.
High Tech Graphics bought a fax machine for $750. The fax machine depreciates at a rate of $25 a month.
(a) Find a function F that can be used to determine the value of the fax machine t months after purchase.
F(t)=?
b) I need a graph of the function F(t)?
Thank you so much!!!!
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Let
x=time in months (ie t=0 means 0 months, t=1 means 1 month)
y=value of the machine
At first, the machine is $750. So at time x=0 the value of the machine is $750 which means that y=750. So we have one ordered pair (ie point) that is (0, 750).
After one month, the machine has lost $25 of its value. So after one month, the value of the machine is now $750-$25=$725 giving the values x=1 and y=725. So we have another ordered pair (point) of (1, 725)
a)
Now that we have two points (0, 750) and (1, 725), we can find the equation of the line that goes through them.
First let's find the slope of the line through the points
and
Note:
is the first point
and
is the second point
.
Start with the slope formula.
Plug in , , , and
Subtract from to get
Subtract from to get
Reduce
So the slope of the line that goes through the points
and
is
Now let's use the point slope formula:
Start with the point slope formula
Plug in , , and
Distribute
Multiply
Add 750 to both sides.
Combine like terms.
So the equation that goes through the points
and
is
Now replace the "y" with F(t) and the "x" with "t" to get the function
==========================================
Answer:
So the function F that models the value of the fax machine is
b)
To graph ANY linear function, simply plot two points and draw a line through them (it's that simple). Since we already know that the function goes through the points (0, 750) and (1, 725), just plot these points and draw a line through them like so:
Note: the ticks on the x-axis are one unit apart. The x-axis is so far down below that it can't be shown (without distorting the graph).
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