Line equation
We have a situation that can be represented with the following graph:
We have that the price decreases over time.
What does the x intercept mean in this situation?
We have that the line intercepts x-axis when y=0. This means, that it intercepts x-axis when the price is 0. The x-intercept means that the price is 0.
Find the x intercept
We know that the line reaches its x-intercept when y=0. Then we replace y by 0 in the equation:
y= -350x + 2800
↓
0= -350x + 2800
And now we solve it for x:
0= -350x + 2800
↓ taking 2800 to the left side
-2800= -350x
↓ taking -350 to the left side
-2800/-350=x
-2800/-350=8=x
Then x=8 is the x-intercept. After 8 years the price of the computer will be 0
After how many years will the value of the computer be $1400?
Its price will be $1400 when y=1400. We want to find x. We replace y by 1400 in the equation:
y= -350x + 2800
↓
1400= -350x + 2800
And now we solve it for x:
1400= -350x + 2800
↓ taking 2800 to the left side
1400-2800= -350x
-1400=-350x
↓ taking -350 to the left side
-1400/-350=x
-1400/-350=4=x
x = 4
After 4 years the price of the computer will be $1400.