document.write( "Question 1163791: A company purchases cars for use by its executives. The purchase cost this year is $30,000. The cars are kept
\n" ); document.write( "for 3 years, after which they are expected to have a resale value of $8,000. If accountants use straight-line
\n" ); document.write( "depreciation, determine the function which describes the book value V as a function of the age of the car t. \n" ); document.write( "

Algebra.Com's Answer #788022 by solver91311(24713) $\"\"$ $\"About$

You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "The question gives you two points on a cartesian plane:

and

. Use the two point form of an equation of a straight line and then convert it to

form to produce the function

where

is the number of years since purchase and is analogous to

in the equation you produced, and

is the initial purchase price and is analogous to

in the equation you produced.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "John
\n" ); document.write( "

\n" ); document.write( "My calculator said it, I believe it, that settles it
\n" ); document.write( "

\n" ); document.write( "

\n" );