The manufacturer's suggested retail price (MSRP) for a particular car is $24,555, and it is expected to be worth $10,910 in 5 years. (a) Find a linear depreciation function for this car. (b) Estimate the value of the car 8 years from now. (c) At what rate is the car depreciating? (a) What is the linear depreciation function for this car? f(x) = (Simplify your answer. Do not include the $ symbol in your answer.) (b) What is the estimated value of the car 8 years from now? (c) At what rate is the car depreciating? The car is decreasing in value an average of $ а year.
The manufacturer's suggested retail price (MSRP) for a particular car is $24,555, and it is expected to be worth $10,910 in 5 years. (a) Find a linear depreciation function for this car. (b) Estimate the value of the car 8 years from now. (c) At what rate is the car depreciating? (a) What is the linear depreciation function for this car? f(x) = (Simplify your answer. Do not include the $ symbol in your answer.) (b) What is the estimated value of the car 8 years from now? (c) At what rate is the car depreciating? The car is decreasing in value an average of $ а year.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
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