document.write( "Question 933280: I'm having a hard time trying to figure this problem out. It is a 4 part question: A small business purchased a car for $16,000. Its depreciated value after 4 years is estimated to be $7,000. Assume linear depreciation and graph your model.\r
\n" ); document.write( "\n" ); document.write( "a)Write a linear model that will predict the value of the car in terms of the time of depreciation.
\n" ); document.write( "b)Interpret what the slope is.
\n" ); document.write( "c)What does the x and y intercepts represent.
\n" ); document.write( "d)Determine the time when the car's value will be $10,000.
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Algebra.Com's Answer #566725 by josgarithmetic(39618)\"\" \"About 
You can put this solution on YOUR website!
Your expected linear model has two obvious points. As ordered pair (x,y), they are (0,16000) and (4,7000). Use slope-intercept form for the equation because you already have the y-intercept. Use your two points to compute slope.\r
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\n" ); document.write( "\n" ); document.write( "The x axis is years since initial, and the y axis is thousands of dollars:
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