Question

A certain car straight line depreciates according to the equation: y = -1,050x + 16,800.

a. What is the original value of the car?
$16,800
b. How much does the car depreciate each year?
c. How many years will it take for the value of this car to drop to $10,000?
Round to the nearest tenth of a year
years
d. How many years will it take for this model car to fully depreciate?
years

Answer 1

b) $-1,050 dollars per year assuming x us for years

c) 6.5 years

d) 16 years