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Companies often used the method of straight - line depreciation to reduce the value of their assets by a fixed amount each year. The amount
Companies often used the method of straightline depreciation to
reduce the value of their assets by a fixed amount each year. The
amount of the reduction depends on the useful life of the asset.
This is generally determined by the company. Suppose a business
selling computer hardware has obtained a fleet of new hybrid cars
for its sales force. Each car costs $ The business estimates
that the useful life of each vehicle is years. Using the
straightline method, determine the amount of depreciation per
year.a Determine the value of each car after years.b Is this situation, the value of each car, v is a function
of the age of the car, a Identify the independent and dependent
variables.c Use function notation to write a function rule for the value
va of each car in terms of its age a d What is the practical
domain and practical range of the depreciation function?
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