A company uses a linear model to depreciate the value of one of their pieces of machinery. When the machine was 2 years old, the value was $4.500, and after 5 years the value was $1,800 a. The value drops $ per year b. When brand new, the value was $ c. The company plans to replace the piece of machinery when it has a value of $0. They will replace the piece of machinery after years.

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Answer 1

The value drops $900 per year, and when brand new, the value was $6,300. The company plans to replace the machinery after 7 years when its value reaches $0.

To determine the depreciation rate, we calculate the change in value per year by subtracting the final value from the initial value and dividing it by the number of years: ($4,500 - $1,800) / (5 - 2) = $900 per year. This means the value of the machinery decreases by $900 annually.

To find the initial value when the machinery was brand new, we use the slope-intercept form of a linear equation, y = mx + b, where y represents the value, x represents the number of years, m represents the depreciation rate, and b represents the initial value. Using the given data point (2, $4,500), we can substitute the values and solve for b: $4,500 = $900 x 2 + b, which gives us b = $6,300. Therefore, when brand new, the value of the machinery was $6,300.

The company plans to replace the machinery when its value reaches $0. Since the machinery depreciates by $900 per year, we can set up the equation $6,300 - $900t = 0, where t represents the number of years. Solving for t, we find t = 7. Hence, the company plans to replace the piece of machinery after 7 years.

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Related Questions

Someone help please!

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The graph A is the graph of the function [tex]f(x) = -x^4 + 9[/tex].

What is the end behavior of a function?

The end behavior of a function refers to how the function behaves as the input variable approaches positive or negative infinity.

The function in this problem is given as follows:

[tex]f(x) = -x^4 + 9[/tex]

It has a negative leading coefficient with an even root, meaning that the function will approach negative infinity both to the left and to the right of the graph.

Hence the graph A is the graph of the function [tex]f(x) = -x^4 + 9[/tex].

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In the diagram below, how many different paths from A to B are possible if you can only move forward and down? A 4 B 3. A band consisting of 3 musicians must include at least 2 guitar players. If 7 pianists and 5 guitar players are trying out for the band, then the maximum number of ways that the band can be selected is 50₂ +503 C₂ 7C1+5C3 C₂ 7C15C17C2+7C3 D5C₂+50₁ +5Co

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There are 35 different paths from A to B in the diagram. This can be calculated using the multinomial rule, which states that the number of possible arrangements of n objects, where there are r1 objects of type A, r2 objects of type B, and so on, is given by:

n! / r1! * r2! * ...

In this case, we have n = 7 objects (the 4 horizontal moves and the 3 vertical moves), r1 = 4 objects of type A (the horizontal moves), and r2 = 3 objects of type B (the vertical moves). So, the number of paths is:

7! / 4! * 3! = 35

The multinomial rule can be used to calculate the number of possible arrangements of any number of objects. In this case, we have 7 objects, which we can arrange in 7! ways. However, some of these arrangements are the same, since we can move the objects around without changing the path. For example, the path AABB is the same as the path BABA. So, we need to divide 7! by the number of ways that we can arrange the objects without changing the path.

The number of ways that we can arrange 4 objects of type A and 3 objects of type B is 7! / 4! * 3!. This gives us 35 possible paths from A to B.

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