SOLUTION: A businesswoman buys a $12,000 computer system. The value of the system is considered to depreciate by a fixed amount, which is 10% of the purchase price each year over a ten-year

Question 779936: A businesswoman buys a $12,000 computer system. The value of the system is considered to depreciate by a fixed amount, which is 10% of the purchase price each year over a ten-year period. (This method of determining the value is called straight-line depreciation.)
a. Express the value of the computer system as a function of the number of years since its purchase.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A businesswoman buys a $12,000 computer system. The value of the system is considered to depreciate by a fixed amount, which is 10% of the purchase price each year over a ten-year period. (This method of determining the value is called straight-line depreciation.)
a. Express the value of the computer system as a function of the number of years since its purchase.
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V(x) = 12,000*0.90^x where x = [0,1,2...9,10]
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Cheers,
Stan H.
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