Question

A computer costs $800. It loses 14 of its value every year after it is purchased. Write an equation representing the value, v, of the computer, t years after it is purchased. Response area Use your equation to find v when t is 5. Response area What does this value of v mean? Response area

Answer 1

:

v=800-14t

=

v=800-14•5

=

:

v is the value of the computer after 5 years

Answer 2

Answer: (I think might be wrong:/ )

(n - 1) x 3/4

And is 14 like $14 or 1/4? but someone asked this so here is what i found

The value of the computer at time 0 is $800

The value of the computer at time 1 is $600

The value of the computer at time 2 is $450

The value of the computer at time 3 is $337.50

The value of the computer at time t is (n - 1) x 3/4

Depreciation

When an asset depreciates, it means that the asset declines or reduces in value, it means that is value becomes smaller as the years goes by.

Calculation of the decline in value

Value of the computer can be represented with this equation: cost of the computer in the previous year x (1 - rate of decline)

Value of the computer at time 0 = $800

Value of the computer at time 1 = $800 x (3/4) x 1 = $600

Value of the computer at time 2 = $600 x 3/4 = $450

Value of the computer at time 3 = $450 x 3/4 = $337.50