Answer to Question #202592 in Math for Roy

Question

Rizwan is studying the topic of depreciation in his course in the university. He just bought a latest IPhone which cost Rs0.15million. He decided to use straight line depreciation method on his mobile.

1. Let V be the book value of the mobile and t is the age of the mobile, determine the function V= f(t)
2. He is planning to keep this mobile for 4 years and after doing his research he found that the mobile will be sold for Rs 15,000 after 4 years. Determine the function V= f(t) for this situation.

Answer 1

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