Question
19 The salvage or depreciated value,
, of a new truck purchased for
is given by the linear function
-
, where
is the time in years between 0 and 10 .
What is the correct interpretation of
?
The truck’s depreciated value after 5 years is
.
The truck’s depreciated value after 3 years is
.
The truck’s depreciated value after 5 years is
.
The depreciated value after 3 years is
.
What is the correct interpretation of
The truck’s depreciated value after 5 years is
The truck’s depreciated value after 3 years is
The truck’s depreciated value after 5 years is
The depreciated value after 3 years is
Ask by Bowers Stuart. in the United States
Dec 07,2024
Upstudy AI Solution
Tutor-Verified Answer
Answer
The truck’s depreciated value after 3 years is
.
Solution
To find the correct interpretation of
, we need to evaluate the function
at
.
Substituting
into the function:
Thus,
represents the truck’s depreciated value after 3 years, which is
.
The correct interpretation is:
The truck’s depreciated value after 3 years is .
The truck’s depreciated value after 3 years is
Answered by UpStudy AI and reviewed by a Professional Tutor
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Bonus Knowledge
To interpret
, we substitute
into the function
. Calculating this gives us
. So,
represents the truck’s depreciated value after 3 years, which is indeed
.
Imagine if you had that truck sitting in your driveway for three years. Every year, it loses
in value, and by the end of year three, it’s as if your shiny new ride just lost its spark and become worth only
! Keep an eye on that depreciation; it’s going down faster than your excitement on a Monday morning!