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3. Straight Line Depreciation

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Last updated almost 2 years ago
13 questions
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Question 1
1.

Question 2
2.

Suppose the following graph models a vehicles straight line depreciation values. What is the initial value of the vehicle?

Question 3
3.

Question 4
4.

Suppose that you purchase a car for $18,000. According to your online research, this make and model of car loses all of its marketable value after 20 years. That is, it depreciates to a value of zero dollars 20 years after the purchase date. If this car depreciates in a straight line form, what is the x-intercept of this line?

*Write your answer in (x,y) coordinate notation

Question 5
5.

Suppose that you purchase a car for $18,000. According to your online research, this make and model of car loses all of its marketable value after 20 years. That is, it depreciates to a value of zero dollars 20 years after the purchase date. If this car depreciates in a straight line form, what is the y-intercept of this line?

*Write your answer in (x,y) coordinate notation

Question 6
6.

Question 7
7.

Question 8
8.

Question 9
9.

Question 10
10.

Question 11
11.

Question 12
12.

Question 13
13.

What is the x-intercept of the following graph?
(0,40000)
(16,40000)
(16,0)
Suppose the following graph models a vehicles straight line depreciation values. How many years does the vehicle take to depreciate down to $0?
0 years
40,000 years
16 years

Suppose that you purchase a car for $18,000. According to your online research, this make and model of car loses all of its marketable value after 20 years. That is, it depreciates to a value of zero dollars 20 years after the purchase date. If this car depreciates in a straight line form, what is the slope of this line?
1
-1
900
-900
Suppose that you purchase a car for $18,000. According to your online research, this make and model of car loses all of its marketable value after 20 years. That is, it depreciates to a value of zero dollars 20 years after the purchase date. If this car depreciates in a straight line form, what is the equation of the line?
y=mx+b
y=900x+18000
y= -900x+18000
y=900x-18000
y= -900x-18000
Suppose that you purchase a car for $38,000. According to your online research, this make and model of car loses all of its marketable value after 24 years. That is, it depreciates to a value of zero dollars 24 years after the purchase date. If this car depreciates in a straight line form, what is the x-intercept of this line?
(0,38000)
(0,24)
(24,38000)
(24,0)
Suppose that you purchase a car for $38,000. According to your online research, this make and model of car loses all of its marketable value after 24 years. That is, it depreciates to a value of zero dollars 24 years after the purchase date. If this car depreciates in a straight line form, what is the y-intercept of this line?
(0,38000)
(0,24)
(24,38000)
(24,0)
Suppose that you purchase a car for $38,000. According to your online research, this make and model of car loses all of its marketable value after 24 years. That is, it depreciates to a value of zero dollars 24 years after the purchase date. If this car depreciates in a straight line form, what is the slope of this line?
1583.33
-1583.33
631.57
-631.57
Suppose that you purchase a car for $38,000. According to your online research, this make and model of car loses all of its marketable value after 24 years. That is, it depreciates to a value of zero dollars 24 years after the purchase date. If this car depreciates in a straight line form, what is the equation of the line?
y= -1583.33x+38000
y= -1583.33x+24000
y= -1583.33x+24
y= -1583.33x-38000
Suppose that you purchase a car for $38,000. According to your online research, this make and model of car loses all of its marketable value after 24 years. That is, it depreciates to a value of zero dollars 24 years after the purchase date. If this car depreciates in a straight line form, what will the value of the car be after 6 years?
$30083
$29456
$28500
$0
Suppose that you purchase a car for $8,000. According to your online research, this make and model of car loses all of its marketable value after 10 years. That is, it depreciates to a value of zero dollars 10 years after the purchase date. If this car depreciates in a straight line form, what will the value of the car be after 48 months?
$ -30400
$1600
$4800
$2200