Presentation is loading. Please wait.

Presentation is loading. Please wait.

8/29 Finite Math - More linear model examples linear depreciation. An asset with initial value A is depreciated linearly over N years to a scrap value.

Similar presentations


Presentation on theme: "8/29 Finite Math - More linear model examples linear depreciation. An asset with initial value A is depreciated linearly over N years to a scrap value."— Presentation transcript:

1 8/29 Finite Math - More linear model examples linear depreciation. An asset with initial value A is depreciated linearly over N years to a scrap value of S. Find the formula for the value V of the asset after t years.

2 linear appreciation An asset with initial value P appreciates linearly to a value of A after 10 years. Find the formula for the value V of the asset after t years.

3 Linear supply and demand equations in a competitive free market. Equilibrium point.

4 Problem: The suppliers will supply 600 units if the unit price is $350 and 1600 units if the price becomes $400. Also, the consumers would buy 900 units if the price were $350 and 600 units if the price were $400. Find the equilibrium price, assuming a linear supply model.

5 Problem: Given the supply and demand equations ap + bx = S cp + dx = D Find the equilibrium price.

6 Problem: Given the system of equations below, Find the value of d such that there is no solution. 2p - 4x = 70 3p + dx = 40


Download ppt "8/29 Finite Math - More linear model examples linear depreciation. An asset with initial value A is depreciated linearly over N years to a scrap value."

Similar presentations


Ads by Google