In 2008, the price of a 2007 Model A car was about $15,812, with a depreciation of about $1680 per year. The price of a 2007 Model B car was about $15,661, with a depreciation of about $1543 per year. a. Let V= A(t) be the value (in dollars) of a 2007 Model A car and V = B(t) be the value (in dollars) of a 2007 Model B car, both att years since 2008. Find equations of A and B. b. Use substitution or elimination to predict when the cars will have the same value. What is that value? a. Find the equation of A. A(t) =O Find the equation of B. B(t) =O b. The cars will have the same value in the year. (Use the answers from part a to find this answer. Round to the nearest year as needed.) The common value of the cars will be $. (Use the answers from part a to find this answer. Round to the nearest dollar as needed.)

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CM: Cumulative Review Problem Set
Problem 114CM
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In 2008, the price of a 2007 Model A car was about $15,812, with a depreciation of about $1680 per year. The price of a 2007 Model B car was about $15,661, with a depreciation of about $1543 per year.
a. Let V= A(t) be the value (in dollars) of a 2007 Model A car and V= B(t) be the value (in dollars) of a 2007 Model B car, both at t years since 2008. Find equations of
b. Use substitution or elimination to predict when the cars will have the same value. What is that value?
A and B.
a. Find the equation of A.
A(t) =
Find the equation of B.
B(t) =O
b. The cars will have the same value in the year
(Use the answers from part a to find this answer. Round to the nearest year
needed.)
The common value of the cars will be $
(Use the answers from part a to find this answer. Round to the nearest dollar as needed.)
Transcribed Image Text:In 2008, the price of a 2007 Model A car was about $15,812, with a depreciation of about $1680 per year. The price of a 2007 Model B car was about $15,661, with a depreciation of about $1543 per year. a. Let V= A(t) be the value (in dollars) of a 2007 Model A car and V= B(t) be the value (in dollars) of a 2007 Model B car, both at t years since 2008. Find equations of b. Use substitution or elimination to predict when the cars will have the same value. What is that value? A and B. a. Find the equation of A. A(t) = Find the equation of B. B(t) =O b. The cars will have the same value in the year (Use the answers from part a to find this answer. Round to the nearest year needed.) The common value of the cars will be $ (Use the answers from part a to find this answer. Round to the nearest dollar as needed.)
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