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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 straight-line 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 $25,000. The business estimates
that the useful life of each vehicle is 5 years. Using the
straight-line method, determine the amount of depreciation per
year.a. Determine the value of each car after 3 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
v(a) 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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