Question

5) Kyle bought a car. Then its value started decreasing by the same amount each year. After 3 years, it was

worth $19300. After 7 years, it was worth $13700.
a) What did Kyle pay for the car?
b) What the value after 12 years?

Answer 1

a) $23 500

b) $6 700

Explanation:

19300-13700/7-3

decrease of $1400/y

19300 + (3*1400) = original price

= $23 500

value after 12 years = 23 500 - (1400*12)

= $6 700