A $20,000 business computer depreciates at a rate of 15% per year. Which of the following equations would model the value of the
2 answers:
Answer:
Step-by-step explanation:
So the initial value of the business computer is $20,000. It depreciates by 15% per year. This is exponential decay. The standard function for exponential decay is:
Where <em>P </em>is the initial value, <em>r</em> is the rate of decay, and <em>t</em> is the time in years.
Since the computer decreases by 15% per year, this means that each year, the computer will be 1-15% or 85% than its previous value.
Therefore, the equation that models the value of the computer is:
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We have
In order to obtain easily the table, we need to clear y
then we evaluate for values of x
if x=0
y=-4(0)+1=1
y=1
if x=1
y=-4(1)+1=-3
y=3
if x=2
y=-4(2)+1=-7
y=-7
if x=3
y=-4(3)+1=-11
y=-11
So the table for the given equation is
x y
0 1
1 -3
2 -7
3 -11