SOLUTION: I have to solve a depreciation problem I am not sure how to do this I have found the slope it is -6000 the coordinates of two points on the graph I have picked are (1.0,108000)and

Question 261842: I have to solve a depreciation problem I am not sure how to do this I have found the slope it is -6000 the coordinates of two points on the graph I have picked are (1.0,108000)and (2.0, 114000)the cost of the printing press in the year 2006 120,000. the graph shows the depreciation in 6month intervales
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
I have to solve a depreciation problem I am not sure how to do this I have found the slope it is -6000 the coordinates of two points on the graph I have picked are (1.0,108000)and (2.0, 114000)the cost of the printing press in the year 2006 120,000. the graph shows the depreciation in 6month intervales
---------------------
Comment: The slope is the change in y for each change of one in x.
Your x changes one, but your y value has increased. That is not a
decreasing function.
---
Are you sure you are not supposed to use an exponential function
to show your depreciation?
---
For example, if "y" decreases 8% each 5 years you
could use y = P(0.92)^(t/5) where t is the time in years
and P is the original value of a house.
---
You might also Google "depreciating function examples" on the web.
====================================================================
Cheers,
Stan H.
RELATED QUESTIONS
This is an open ended question but I am not sure how to even start this. The effect of (answered by stanbon)

Hello, I need help to make sure that I found out what went wrong with my math problem. (answered by jim_thompson5910,stanbon)

Okay, I asked this one Friday and nobody got back to me so I am asking it again. Here is... (answered by checkley71,nycsharkman)

Please help me solve the following question. I have tried to find examples of how to... (answered by Nate)

Here is the question as stated (this is not from a textbook, and I can't find an... (answered by stanbon)

Please show me how to do this problem using K. I have seen other formulas for vehicle... (answered by Alan3354)

Hi, I have a question The product of 2 numbers is 96. One number is 4 more than the... (answered by Cromlix,Fombitz)

I need help. I am trying to solve addition and subtraction of rational numbers problem. I (answered by ankor@dixie-net.com)