Gus purchases a coffee machine for $15 000 and depreciates its value using the unit cost method.
The rate of depreciation is $0.04 per cup of coffee made.
A recurrence relation that models the year-to-year value \(G_n\), in dollars, of the machine is
Question 18
A rule for \(G_n\), the value of the machine after \(n\) years is
- \(G_n=15\ 000-0.04 n\)
- \(G_n=15\ 000+0.04 n\)
- \(G_n=15\ 000-1314 n\)
- \(G_n=1314-0.04 n\)
- \(G_n=1314+0.04 n\)
Question 19
The number of cups made by the machine per year is
- \(1314\)
- \(13\ 686\)
- \(15\ 000\)
- \(31\ 536\)
- \(32\ 850\)