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The straight line depreciation equation for a luxury car is y = -3,400x + 85,000. How many years will it take for the car to totally depreciate?

2 Answers

3 votes

Final answer:

The luxury car will take 25 years to totally depreciate.

Step-by-step explanation:

The straight line depreciation equation for a luxury car is y = -3,400x + 85,000. To find the number of years it will take for the car to totally depreciate, we need to determine the value of x when y equals zero since total depreciation occurs when the value of the car is zero. Setting y equal to zero and solving for x:

0 = -3,400x + 85,000

3,400x = 85,000

x = 85,000 / 3,400

x = 25

Therefore, it will take 25 years for the luxury car to totally depreciate.

User Matthew Coelho
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6.9k points
6 votes

Answer:25 yrs


Step-by-step explanation:

Original price: 85,000

Loses value @ 3,400 per year

Totally depreciated in (85,000 / 3,400) = 25 years

User Ramon Crehuet
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6.0k points