Question

After a car is purchased, the value of a new car decreases $4000 each year. After 3 years, the car is worth $18000.

Write an equation that represents the value V (in dollars) of the car x years after it is purchased.

Answer 1

Original - 4000x

so, after 3 years we have:

Original - 12000 = 18000

=> Original = $30,000

Explanation:

Answer 2

Original - 4000x

so, after 3 years we have:

Original - 12000 = 18000

=> Original = $30,000