document.write( "Question 135193: The value of a new car decreases immediately after purchase. The equation v=-3000t+28,000 represents the value, v, of a certain car, in dollars, where t is years since it was purchased. Find the v- and t-intercepts, and interpret their meaning in the context of this problem. \n" ); document.write( "

Algebra.Com's Answer #99080 by Fombitz(32388) $\"\"$ $\"About$

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$\"V=-3000T%2B28000\"$
\n" ); document.write( "When T=0, the value is the purchase price of the automobile. That's the V intercept (like the y-intercept).
\n" ); document.write( "When V=0, that's when the car no longer has value,
\n" ); document.write( " $\"0=-3000T%2B28000\"$
\n" ); document.write( " $\"3000T=28000\"$
\n" ); document.write( " $\"T=9.33\"$
\n" ); document.write( "In 9 years and 4 months, the car will no longer have a value according to your formula. That's the T intercept (like the y-intercept). \n" ); document.write( "

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