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You purchase a car for $36,000. Five years later, the car is worth $28,500.

a. By how much is the car decreasing in value per year? (3 points)
Hint: Find the slope

Find the equation that would give the worth of the car for any given year. (4 points)
*y = mx +b

1 Answer

10 votes

Answer:

36,000-28,500

=7,500 decrease per year

User Ankit Pandey
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