SOLUTION: The value V of a new car, which cost $50,000 initially, when depreciated linearly over 20 years is given by V=50,000(1-x/20). where x represents years. Determine the values of x su
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-> SOLUTION: The value V of a new car, which cost $50,000 initially, when depreciated linearly over 20 years is given by V=50,000(1-x/20). where x represents years. Determine the values of x su
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Question 1121727: The value V of a new car, which cost $50,000 initially, when depreciated linearly over 20 years is given by V=50,000(1-x/20). where x represents years. Determine the values of x such that 0 Answer by Alan3354(69443) (Show Source):
You can put this solution on YOUR website! The value V of a new car, which cost $50,000 initially, when depreciated linearly over 20 years is given by V=50,000(1-x/20). where x represents years. Determine the values of x such that 0 < V < 20,000.
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V = 0 at x = 20 years.
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V = 20000 = 50000*(1 - x/20)
2 = 5(1 - x/20) = 5 - x/4
x/4 = 3
x = 12 years
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12 < x < 20
