Question: A projector costs $820 when it is brand new, and it is worth $340 when it is 4 years old. Write a function that describes

A projector costs $820 when it is brand new, and it is worth $340 when it is 4 years old. Write a function that describes the value of this projector as it ages, assuming that depreciation is linear. Let x be its age in years and y be its value.


Step by Step Solution

3.45 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

If depreciation is linear we can use the formula for the equation of a straight line w... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!