SOLUTION: a washing machine was advertised at $2,044 at the end of 2014. Suppose that, if purchased new, it loses $77 in value each year. Write a linear equation relating the value of the

Question 1012370: a washing machine was advertised at $2,044 at the end of 2014. Suppose that, if purchased new, it loses $77 in value each year.
Write a linear equation relating the value of the machine to the number of years since the machine has been bought. Write x for the independent variable and y for the dependent variable.
Found 2 solutions by Alan3354, stanbon:
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
a washing machine was advertised at $2,044 at the end of 2014. Suppose that, if purchased new, it loses $77 in value each year.
Write a linear equation relating the value of the machine to the number of years since the machine has been bought. Write x for the independent variable and y for the dependent variable.
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x = # of years
y = value
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y = 2044 - 77x
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
a washing machine was advertised at $2,044 at the end of 2014. Suppose that, if purchased new, it loses $77 in value each year.
Write a linear equation relating the value of the machine to the number of years since the machine has been bought. Write x for the independent variable and y for the dependent variable.
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slope = change per year = -77
intercept = beginning value
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y = -77x + 2044
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Cheers,
Stan H.
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