1313_section1o3_after

# 1313_section1o3_after - MATH 1313 Section 13566 Instructor...

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1 MATH 1313 Section: 13566 Instructor: Dr. Almus www.math.uh.edu/~almus E-mail: Announcements: Read all documents on my website carefully. I assume that all my students read the syllabus for this class. Print out the class notes and bring them to our class (see the calendar for the section that will be covered) Please do not use cell phones or laptops during the lectures. If you email me, please write a proper subject line and include your name and your class. (Say : John Smith, Math 1313) Check the “Homework” link on my website for hw due dates.

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2 Section 1.3 Linear Functions and Math Models Simple Depreciation If an asset depreciates linearly over t years, then the book value is: I rt t f + - = ) ( where r is the rate of depreciation , t is time (in years), I is the initial value. Example: If the book value formula is: 100 5 ) ( + - = t t f , then the rate of depreciation is 5 (positive!!!) dollars per year, the initial value of the asset is 100 dollars, the value of the asset after 2 years is: 90 100 ) 2 ( 5 ) 2 ( = + - = f dollars.

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1313_section1o3_after - MATH 1313 Section 13566 Instructor...

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