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The value of an item is given by V ( t ) = 75 t + 4,425 , where t is the number of years

The value of an item is given by V(t) = −75t + 4,425, where t is the number of years since the item was purchased and V is given in dollars.

Answer each of the following. Enter all answers below in exact, reduced form.

A) What was the purchase price of the item (in dollars)?

$

B) After how many years will the item be worth only $1125?

Years

C) After how many years will the item achieve scrap value?

Years

D) What was the item worth after 25 years (in dollars)?

$

E) What is the rate of depreciation (in dollars per year)?

$ per year

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