Link recurrence, explicit, tabular and graphical forms
The display equipment is modelled over successive years. Let \(V_n\) be the equipment value, in dollars, after \(n\) years. \(V_0\) is the value at index zero
The equipment value decreases according to the model
The change is a fixed amount at each year
Money values shown in the question are rounded to the nearest cent after the exact recurrence has been evaluated
The displayed table gives the first 8 values
| Period n | equipment value ($) |
|---|---|
| 0 | $2,611.37 |
| 1 | $2,360.46 |
| 2 | $2,109.55 |
| 3 | $1,858.64 |
| 4 | $1,607.73 |
| 5 | $1,356.82 |
| 6 | $1,105.91 |
| 7 | $855 |