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.

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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.

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.

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

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.

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

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

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