A $27,000 car has a resale value of $19,000 five years after it was purchased. Assuming the value of this car depreciates linearly, estimate the value of the car 8 years after it was purchased. Enter number only; if your answer is $12,345, enter 12345.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 16SGR
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A $27,000 car has a resale value of $19,000 five years after it was purchased.
Assuming the value of this car depreciates linearly, estimate the value of the car 8 years after it was
purchased. Enter number only; if your answer is $12,345, enter 12345.
Transcribed Image Text:A $27,000 car has a resale value of $19,000 five years after it was purchased. Assuming the value of this car depreciates linearly, estimate the value of the car 8 years after it was purchased. Enter number only; if your answer is $12,345, enter 12345.
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