SOLUTION: For the first six years, the loan value of a Corvette is determined by the formula
V = – 4000a + 50000, where V is the value and a is the age of the car in years. What was its or
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Question 306550: For the first six years, the loan value of a Corvette is determined by the formula
V = – 4000a + 50000, where V is the value and a is the age of the car in years. What was its original value? What is its value when it is 5 years old?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
V = – 4000a + 50000
YEAR ZERO:
V=-4000*0+50,000
V=$50,000 ANS. FOR THE ORIGINAL VALUE.
YEAR 5:
V=-4,000*5+50,000
V=-20,000+50,000
V=$30,000 ANS. FOR THE VALUE IN YEAR 5.
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