SOLUTION: The value of a car decreases at a constant rate. After 1 year the value of the car is $20,000. After 2 more years it is $14,000. Write an equation in slope-intercept that represent
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Question 1053967: The value of a car decreases at a constant rate. After 1 year the value of the car is $20,000. After 2 more years it is $14,000. Write an equation in slope-intercept that represents the value y (in dollars) of the car after x years.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The value of a car decreases at a constant rate. After 1 year the value of the car is $20,000. After 2 more years it is $14,000. Write an equation in slope-intercept that represents the value y (in dollars) of the car after x years.
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after 1 yr:: 20000
after 2 yr:: 14000 = 20000-6000
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original::20000+6000 = 26000
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Equation:
V(x) = 26000 - 6000x
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Cheers,
Stan H
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