SOLUTION: According to Safecarguide.com, the average value of a new car after one year is seven-tenths of its original price. Write an equation representing the price (p) in dollars of a 1 y

Question 83382: According to Safecarguide.com, the average value of a new car after one year is seven-tenths of its original price. Write an equation representing the price (p) in dollars of a 1 year old car in terms of its original price(x).
Answer by bucky(2189) (Show Source): You can put this solution on YOUR website!
The problem tells you that the price (p) of a car that is 1-year old is seven-tenths or 0.7
times the original price (x).
.
To get the equation, just write the information in equation form:
.
p = 0.7*x
.
This equation reads: "the price p of a car that is one year old is seven-tenths times the
original or price when new (called x) of the car."
.
Hope this helps you to understand the problem.
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