SOLUTION: A new car car worth $24,000 is depreciating in value by $3000 per year. The mathematical model y=-3000x+24,000 describe the car's value, y in dollars after x years. a. Find t

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Question 912302: A new car car worth $24,000 is depreciating in value by $3000 per year. The mathematical model y=-3000x+24,000
describe the car's value, y in dollars after x years.
a. Find the x-intercept. Describe what this means in terms of the car's value.
b. Find the y-intercept. Describe what this means in terms of the car's value.
c. Use the intercepts to graph the linear equation. Because x and y must be nonnegative (why), limit your graph to quadrant 1 and its boundaries.
d. Use your graph to estimate the car's value after five years.

Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!
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