A company purchased a printer for 8,500 $. I t i s e x p e c t e d t o l o s e v a l u e a c c o r d i n g t o t h e g i v e n e q u a t i o n$ y=-1,250x+8,500 $, w h e r e$ y $i s t h e v a l u e o f t h e p r i n t e r$ x $y e a r s a f t e r i t w a s p u r c h a s e d . T h e c o m p a n y w a n t s t o s e l l w h e n t h e v a l u e o f p r i n t e r w o u l d r e a c h$ $1, 000$ . After how many years will the company sell it?

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Solution

Given that a company purchased a printer for $$ 8500$ .
It expected to lose value according to the given equation
$y = - 1250 x + 8500$ where $y$ is the value of the printer after $x$ years.
Then the value of printer is $1000$ is
$1000 = - 1250 x + 8500$
$\Rightarrow 1250 x = 8500 - 1000$
$\Rightarrow 1250 x = 7500$
$\Rightarrow x = 6$ years

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A company purchased a printer for 8,500.Itisexpectedtolosevalueaccordingtothegivenequationy=-1,250x+8,500,whereyisthevalueoftheprinterxyearsafteritwaspurchased.Thecompanywantstosellwhenthevalueofprinterwouldreach 1,000. After how many years will the company sell it?

Given that a company purchased a printer for $8500.It expected to lose value according to the given equationy=−1250x+8500 where y is the value of the printer after x years.Then the value of printer is 1000 is 1000=−1250x+8500⇒1250x=8500−1000⇒1250x=7500⇒x=6 years