SOLUTION: Solve. The average value of a certain type of automobile was $13,380 in 1993 and depreciated to $4740 in 1996. Let y be the average value of the automobile in the year x, where

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Question 1176811: Solve.
The average value of a certain type of automobile was $13,380 in 1993 and depreciated to $4740 in 1996. Let y be the average value of the automobile in the year x, where x = 0 represents 1993. Write a linear equation that models the value of the automobile in terms of the year x.


Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi
(0, 13380)
(3, 4740)  m = -2880


 V(x) = -2880x + 13,380   where x = 0 represents 1993.

V(3) = -2880(3) + 13,380 = $4740 checks.  |depreciated to $4740 in 1996. 
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