17
QuizMultiple Choice

Solving Quadratic Equations — Cumulative exam

Question 17 • LVA- Mathematical Modeling - Fall

The value of almost everything you own (assets), such as a car, computer, or house, depreciates (goes down) over time. When an asset’s value decreases by a fixed amount each year, the depreciation is called straight-line depreciation. Suppose your truck has an initial value of $12,400 and depreciates $820 per year. Number of Years 1 2 3 4 5 Value of the Truck 11,580 10,760 9,940 9,120 8,300 Write an equation that illustrates this function if you plan to keep the truck for 7 years and determine the value of the truck at the end of this period. Let v represent the dependent variable and let t represent the independent variable. a. ; $6660 b. ; $5840 c. ; $6660 d. ; $7480 Please select the best answer from the choices provided

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A
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The value of almost everything you own (assets)…