Question

I HAVE BEEN TRYING TO GET THIS ANSWER AND NO ONE WILL HELP ME:( PLEASE HELP!! GREATLY APPRECIATED!

You buy a new car for $28,000. Its value decreases by 12.5% per year.
a) Write an equation describing the value of the car as a function of time.

b) Find the value of the car after 6 years. Round to the nearest 100 dollars

Answer 1

a) 2800-( 28000 * 12,5%) * X

b) 7000$

Explanation:

a)

X = amount of year

• 2800-( 28000 * 12,5%) * X = value of a car after X year

Your mean like that :))

b)

The value of the car decreases per year :

• 28000 * 12,5% = 3500$ per year

The value of the car after 6 years :

• 28000 - 3500 * 6 = 7000$

Done :))