Need help solving this problems This is due in one hour Thank you Need help solv
ID: 3123486 • Letter: N
Question
Need help solving this problems This is due in one hour Thank you Need help solving this problems This is due in one hour Thank you The value of a Ford Focus can be modeled by the function V(t) 23000 (where is the value of the Ford Focus tyears after the car is purchased.) a) Find the intercepts on the vertical and horizontal axes. (6 points) b) Explain what the intercepts represent in the context of this problem. (6 points) points) d What does the slope represent in the context of this problem? (3 points) Page 1 of 6Explanation / Answer
1. a) At intercept on vertical axis t=0. So the intercept on vertical axis = V(0) = 23000.
At intercept on horizontal axis V(t) = 0. That is -1500t + 23000 = 0. Thus t = -23000/-1500 = 15.333. So horizontal-intercept is on 15.33.
2) The vertical-intercept represent the value of the ford focuz at time t=0. That is, it represent the value at which the ford focuz is purchased. In other words it is the cost of a brand new vehicle.
The horizontal-intercept represent the time at which the cost of ford focuz becomes zero. It is 15.333 years, that is 15 years and 4 months after the purchase of ford fouz it's value will become zero.
3) The slope of the equation is -1500.
4) In this context it gives the amount by which the value of ford focuz change in a year. Here it is -1500. So every year the value of the ford focuz decreases by 1500.