In 2003, the price of a certain automobile was approximately $30,300 with a depreciation of $2,040 per year. After how many years will the car's value be $7,860? a) Write an equation to model the problem. Let t represent the number of years after 2003. For example, the year 2005 would be represented by t =2. b) Solve the equation to find the answer to the question above. (Note: Include the units, in this case years.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter9: Systems Of Linear Equations
Section9.5: Multiplication With The Addition-or-subtraction Method
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In 2003, the price of a certain automobile was approximately $30,300 with a depreciation of $2,040 per year. After how many years will the car's value be $7,860?

a) Write an equation to model the problem. Let t represent the number of years after 2003. For example, the year 2005 would be represented by t =2.

b) Solve the equation to find the answer to the question above. (Note: Include the units, in this case years.)

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