You buy a new car for $25,000 and 2 years later, the car is valued at $17,500. Assuming that the depreciation is linear, write a linear depreciation function and graph that models this situation and use that equation to find when the car is worth $5,000?
You buy a new car for $25,000 and 2 years later, the car is valued at $17,500. Assuming that the depreciation is linear, write a linear depreciation function and graph that models this situation and use that equation to find when the car is worth $5,000?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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You buy a new car for $25,000 and 2 years later, the car is valued at $17,500. Assuming that the depreciation is linear, write a linear depreciation function and graph that models this situation and use that equation to find when the car is worth $5,000?
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