The value V of a historic vehicle can be modeled by V = 52500 + 2075 t where t represents the age of the vehicle above 35 years. What is the value of the vehicle when it is 50 years old?
A) $52500
B) $125125
C) $83625
D) $156250
E) $21375

Question

Quizplus · Accepted Answer

When the vehicle is 50 years old, t = 50-35 = 15 years
Plugging in t = 15 into the equation V = 52500 + 2075t, we get:
V = 52500 + 2075(15) = 52500 + 31125 = $83625

Therefore, the value of the vehicle when it is 50 years old is $83625. The correct choice is (C).

The Value V of a Historic Vehicle Can Be Modeled