SOLUTION: The value of a 2003 Toyota Corolla can be modeled by the linear equation 𝑉𝑉 = −1402𝑇𝑇 + 17600,
where V is the value in dollars and T is the
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-> SOLUTION: The value of a 2003 Toyota Corolla can be modeled by the linear equation 𝑉𝑉 = −1402𝑇𝑇 + 17600,
where V is the value in dollars and T is the
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Question 984071: The value of a 2003 Toyota Corolla can be modeled by the linear equation 𝑉𝑉 = −1402𝑇𝑇 + 17600,
where V is the value in dollars and T is the time in years after 2003.
a. Use the equation to predict what the value of the Corolla would be in 2009. (3 points)
b. In what year would you predict the value of the Corolla to be $7080? (3 points)
c. Based on this model, what was the cost of a brand new Corolla?
