A reporter collected data on y, the current market value, in dollars, of a certain car for various years, ×, after it had has been purchased new. The equation below was to fit to the data.Equation: y= 16,500-1,500×

Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.4: Linear Equations In Two Variables
Problem 6ECP: An accounting firm determines that the value V (in dollars) of a copier t years after its purchase...
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A reporter collected data on y, the current market value, in dollars, of a certain car for various years, ×, after it had has been purchased new. The equation below was to fit to the data.Equation: y= 16,500-1,500×


What does the slope of the graph of this equation represent?


What does y-intercept of the graph of this equation represent?

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