document.write( "Question 1132077: A car's value depreciates as it accumulates miles. Use the tables below to determine the rate of depreciation for Car 1 and Car 2. After how many miles do the cars have the same value?
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document.write( "A table of 'Car 1' showing data of Miles and Value as (25000,$22960), (50000,$19680), (75000,$16400)?and (100000,$13120) respectively.
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document.write( "A table of 'Car 2' showing data of Miles and Value as (25000,$20376), (50000,$17806), (75000,$15236)? and (100000,$12666) respectively.\r
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document.write( "A. The cars will have the same value at 1,160,000 miles.
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document.write( " B. The cars will have the same value at 116,000 miles.
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document.write( " C. The cars will have the same value at 11,600 miles.\r
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Algebra.Com's Answer #748949 by Theo(13342) You can put this solution on YOUR website! examination of the point pairs for each car yields the following:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the value for car 1 is depreciating by 3280 dollars every 25000 miles. \n" ); document.write( "the value for car 2 is depreciating by 2570 dollars every 25000 miles.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the change in the value of y divided by the change in the value of x for car 1 is therefore equal to -3280 / 25000 = -.1312.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the change in the value of y divided by the change in the value of x for car 2 is therefore equal to -2570 / 25000 = -.1028.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "y is the value of the car. \n" ); document.write( "x is the number of miles the car has been driven\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equation for the value of each car is y = mx + b \n" ); document.write( "m is the slope which is the change in the value of y divided by the change in the value of x. \n" ); document.write( "b is the y-intercept.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equation for car 1 becomes y = -.1312 * x + 26240\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equation for car 2 becomes y = -.1028 * x + 22946\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i'm assuming you know how to derive the value of the y-intercept so i won't get into it here.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the cars will have the same value when the equation for car 1 is equal to the equation for car 2.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this occurs when -.1312 * x + 26240 = -.2018 * x + 22946\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solve for x in this equation to get x = 3294 /.0284 = 115985.9155.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "round this to nearest 1000 to get x = 116000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that's selection B.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "a graph of both equations and their intersection is shown below:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |