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3. Straight Line Depreciation

Last updated over 1 year ago

13 questions

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Question 1

1.

What is the x-intercept of the following graph?

(0,40000)

(16,40000)

(16,0)

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.

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

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.

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

Question 7

7.

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

Question 8

8.

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)

Question 9

9.

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)

Question 10

10.

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

Question 11

11.

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

Question 12

12.

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

Question 13

13.

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