~Beautiful Functions~ (depreciation, price equations)

jonboy

Full Member
Joined
Jun 8, 2006
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Hello Guys! :D

I need some help with these function problems:

1) Computer equipment can depreciate very rapidly. Suppose a business assumes that a computer will depreciate linearly at a rate of 15% of its original price each year.

..a. If a computer is purchased for $3,200, write an equation in which the value for the computer is a function of its age in years.

..b. Find the value of a computer after 3 years.

For a I was thinking:\(\displaystyle \L \;v(t)\,=\,3,200\,-\,480t\)

And for b:\(\displaystyle \L \;v(3)\,=\,3,200\,-\,480(3)\,\,\;\;\Rightarrow\,\,\,\;v(t)\,=\,1,760\)

2) A clothing store is selling all out-of-season clothing at 30% of the original price.

..Write a function that gives the discounted price as a function of the original price.

My book says:\(\displaystyle \L \;S(P)\,=\,.7p\,\) How in the world did that happen?
 
If the sale price S is 30% off the original price p, what percent of p remains to be paid?

Eliz.
 
Ohh 70% which is .7. Oh wowo thank you soooooooooo much Eliz! :D :) 8-)

BTW does my other problems look good?
 
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