SOLUTION: Please, help me to solve this question, it's very urgent: A new car costs $19,000. 12 years later it is scrap and is worth $1,000. State the equation that represents the c

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Question 132390: Please, help me to solve this question, it's very urgent:

A new car costs $19,000. 12 years later it is scrap and is worth $1,000. State the equation that represents the cars value (y) after x years.

thanks.

Answer by scott8148(6628)   (Show Source): You can put this solution on YOUR website!
the car depreciates 18000 (19000-1000) in 12 yrs
that is 18000/12 or 1500 per year

so y=19000-1500x

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