Question

Desmond wants to sell his car that he paid $8,000 for 2 years ago. The car depreciated, or decreased in value, at a constant rate each month over a 2-year period. If x represents the monthly depreciation amount, which expression shows how much Desmond can sell his car for today? \

8,000 + 24x
8,000 - 24x
8,000 + 2x
8,000 - 2x

Answer 1

8,000-24x

Explanation:

Let

y ----> depreciated value of the car

x---> rate of depreciation

t ----> the time in months

we know that

The linear equation that represent this situation is

y=8,000-xt

For

t=2 years=2*12=24 months

substitute

y=8,,000-x(24)

y=8,000-24x