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A new car worth $24,000 is depreciating in value by $3000 per year. Complete parts (a) through (c). a. Write a formula that models the car's value, y, in dollars, after x years. b. Use the formula from part (a) to determine after how many years the car's value will be $12,000. c. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system. Then, show your solution to part (b) on the graph. a. A formula that models the car's value, y, in dollars, after x years is (Type an equation.)

A new car worth $24,000 is depreciating in value by $3000 per year. Complete parts (a) through (c). a. Write a formula that models the car's value, y, in dollars, after x years. b. Use the formula from part (a) to determine after how many years the car's value will be $12,000. c. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system. Then, show your solution to part (b) on the graph. a. A formula that models the car's value, y, in dollars, after x years is (Type an equation.)

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter5: Division Of Common Fractions And Mixed Numbers
Section: Chapter Questions
Problem 23A: A double-threaded square-thread screw is shown in Figure 5-7. The pitch of a screw is the distance...
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A new car worth $24,000 is depreciating in value by $3000 per year. Complete parts (a) through (c). a. Write a formula that models the car's value, y, in dollars, after x years. b. Use the formula from part (a) to determine after how many years the car's value will be $12,000. c. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system. Then, show your solution to part (b) on the graph. a. A formula that models the car's value, y, in dollars, after x years is (Type an equation.)
Transcribed Image Text:A new car worth $24,000 is depreciating in value by $3000 per year. Complete parts (a) through (c). a. Write a formula that models the car's value, y, in dollars, after x years. b. Use the formula from part (a) to determine after how many years the car's value will be $12,000. c. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system. Then, show your solution to part (b) on the graph. a. A formula that models the car's value, y, in dollars, after x years is (Type an equation.)
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