SOLUTION: I am trying to help my son and am stuck. How do I write an equation for finding out the value of a car that loses 17% each year? Original value us $35,000. I know how to do the
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-> SOLUTION: I am trying to help my son and am stuck. How do I write an equation for finding out the value of a car that loses 17% each year? Original value us $35,000. I know how to do the
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Question 416091: I am trying to help my son and am stuck. How do I write an equation for finding out the value of a car that loses 17% each year? Original value us $35,000. I know how to do the math, but can not figure out the equation. Think it is an exponential? Found 2 solutions by stanbon, Alan3354:Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! write an equation for finding out the value of a car that loses 17% each year? Original value us $35,000.
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Value = 35000-0.17(35000)x where x is the number of years.
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Value = 35000(1-0.17)x
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Value = 35000(0.83)x
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Each of these equations says the same thing; they
differ only in algebraic form.
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Hope this helps.
Cheers,
Stan H.
You can put this solution on YOUR website! How do I write an equation for finding out the value of a car that loses 17% each year? Original value us $35,000.
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Each year the car is worth 83% of the previous year. y = # of years
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