Question

Based on the data in the table and the constant rate of changes for each vehicle, write anequation to predict the value of Car A and Car B at the end of r years

Answer 1

Ok, we need write an equation to predict the value of Car A and Car B at the end of r years, so we are going to use the data provided:

Car A value(1 years)=30000*0.8-2000=24000-2000=22000

Car A value(2 years)=22000-2000=20000

Car A value(3 years)=20000-2000=18000

So, if with this data we can predict the following:

Car A value(r years)=24000-(2000*r) (For r greater than zero)