document.write( "Question 173676This question is from textbook Elementary and intermediate
\n" );
document.write( ": 92. Decreasing price. World Auto uses the formula
\n" );
document.write( "P= -3000n + 17,000 to determine the wholesale price for a used Ford Focus, where P is the price in dollars and n is the age of the car in years.\r
\n" );
document.write( "\n" );
document.write( "a) Find the price for a Focus that is 1, 2, or 3 years old.\r
\n" );
document.write( "\n" );
document.write( "b) Find the slope and P-intercept for the line P= -3000n + 17,000.\r
\n" );
document.write( "\n" );
document.write( "c) Interpret the slope and P-intercept.
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #128540 by Mathtut(3670)![]() ![]() ![]() You can put this solution on YOUR website! a)...P(1)=-3000(1)+17000=14000 \n" ); document.write( ".....P(2)=-3000(2)+17000=11000 \n" ); document.write( ".....P(3)=-3000(3)+17000=8000 \n" ); document.write( ": \n" ); document.write( "b)this is written in y=mx+b format where P=y and x=n remember m is the slope and b is the y intercept or in our case the P intercept \n" ); document.write( ": \n" ); document.write( "so the slope is -3000 and the P-intercept is 17000 \n" ); document.write( ": \n" ); document.write( "c)the slope is the rate of change( every year that goes by the whole sale price loses 3000 dollars in value) and the P intercept is the starting price of the vehicle \n" ); document.write( " |