Intermediate Algebra (6th Edition)

Published by Pearson
ISBN 10: 0321785045
ISBN 13: 978-0-32178-504-6

Chapter 3 - Section 3.1 - Graphing Equations - Exercise Set: 90

Answer

$3500

Work Step by Step

In order to find the depreciated value of the machine in 7 years, we must find the y-coordinate that is associated with x=7 years. Looking at the graph, y=3.5 when x=7, where y is measured in thousands of dollars. Therefore, the depreciated value of the machine in 7 years is $3500. In other words, the copy machine loses half of its value in 7 years.
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