Wolfb21345
Wolfb21345
16.10.2019 • 
Mathematics

Adelivery truck is purchased new for $54,000.
a. write a linear function of the form y = mt + b to represent the value y of the vehicle t years after purchase. assume that the vehicle is depreciated by $ 6750 per year.
b. suppose that the vehicle is depreciated so that it holds 70% of its value form the previous year. write an exponential function of the form y = vobt where v0 is the initial value and t is the number of years after purchase.
c. to the nearest dollar, determine the value of the vehicle after 4 yr and after 8 yr using the linear model.
d. to the nearest dollar, determine the value of the vehicle after 4 yr and after 8 yr using the exponential model.

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