SOLUTION: Amira's car is worth $14,890 now and expected to be worth $11,461 in 3 years. Assuming linear depreciation, find a linear depreciation function for this car and estimate i
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Question 1154261: Amira's car is worth $14,890 now and expected to be worth $11,461 in 3 years. Assuming linear depreciation, find a linear depreciation function for this car and estimate its value in 7 years.
What is the linear depreciation function for this car?
f(x)=_______
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the rate of depreciation
Let = number of years from now
Let = the current value of the car
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and
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answer
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In 7 years:
The value in 7 yrs is $6,889
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Here's the plot:
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