document.write( "Question 224579: a business purchaseda new van for $27,500. after 5 years it's depreciated vaule is $12,000. assuming a straight line depreciation write an equation of the line giving the value V of the van in terms of the age X of the van. \n" ); document.write( "
Algebra.Com's Answer #167758 by Edwin McCravy(20086) You can put this solution on YOUR website! a business purchaseda new van for $27,500. after 5 years it's depreciated vaule is $12,000. assuming a straight line depreciation write an equation of the line giving the value V of the van in terms of the age X of the van.\r \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "When X = 0 years, V = $27500\r\n" ); document.write( "When X = 5 years, V = $12000\r\n" ); document.write( "\r\n" ); document.write( "So we can use the usual letters for finding equations of lines,\r\n" ); document.write( "let's use x for X and y for V:\r\n" ); document.write( "\r\n" ); document.write( "When x = 0 years, y = $27500\r\n" ); document.write( "When x = 5 years, y = $12000\r\n" ); document.write( "\r\n" ); document.write( "So the problem becomes:\r\n" ); document.write( "\r\n" ); document.write( "Find the equation of the line through the points \r\n" ); document.write( "(0,27500) and (5,12000)\r\n" ); document.write( "\r\n" ); document.write( "Use the slope formula:\r\n" ); document.write( "\r\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |