Question

you are given the dollar value of a product in 1996 and the rate at which the value of the item is wxpected to change during the next 5 years. use this info to write a linear equation that gives the dollar value V of the product in terms of the year t (let t=6 represent 1996)
1996 value=$12500 Rate= $850 increase per year

Answer 1

This is kind of tricky

Answer 2

We have to go back to t = 0

Answer 3

yeah it is

Answer 4

If we find the value at t = 0, we'll have it

Answer 5

so decrease by $5100?

Answer 6

In order to find the value at t = 0, make a table of values starting at t = 6 and subtract 850 until you get to the value for t = 0. That will be your V-intercept

Answer 7

Let me verify that

Answer 8

Best if you make a table though

Answer 9

so what would the linear equation look like?

Answer 10

Yes, 5100 is correct, which means 7400 is your V-intercept meaning the formula is

V = 7400 + 850t

Answer 11

Tricky, but not that tricky

Answer 12

thanks a million! :D

Answer 13

You're most welcome