Question

CAN SOMEONE HELP ME WITH THIS PLEASE I NEED THIS BY TONIGHT!!!!

Sonia buys a car for $5,000. Each year, x, the value of the car decreases by $500. Write an equation to find the value of the car, y, after x years. What is the value of the car after 3 years?

Answer 1

$3500, y= 5000-500x

Explanation:

You initially have $5000 which you then subtract $500 from each year, where x represents the number of years that passed.

y= 5000-500x

So after 3 years, it should be

y= 5000-500(3)

=5000-1500

=$3500

Answer 2

The value of the car after 3 years is $3,500