Chapter 1.1, Problem 18E

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8th Edition

James Stewart

ISBN: 9781305270343

Textbook Problem

Sketch a rough graph of the market value of a new car as a function of time for a period of 20 years. Assume the car is well maintained.

To determine

**To sketch:** The market value of a new car as a function of time for a period of 20 years.

Explanation

Take the time period of 20 years in the *x*-axis and the market value over the year in the *y*-axis. The relation between the year and the market value is a function of time.

As the year passes and the car is well-maintained, the market value of the car depreciates. Thus, the rough graph of the market value of a new car over a period of 20 years is shown below in Figure 1.

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