Car Value Depreciation

Question Description

I’m working on a Algebra exercise and need support.

Use the graph to write an equation that represent car value depreciation since purchase of the car Use the equation to predict the car value 7 yrs after purchase Use variable V for Value and Y for yr since purchase Explain how you got at your answer

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

gradient= (10,000- 20,000)/(5-0)= -2000 ...........calculated by taking extreme points of the line, i.e. (0,20000) & (5,10000)

notice that gradient of the line is negative

y-intercept= 20,000

equation of line: V= -2000y+ 2000

now put the value of y=7 to see the corresponding value

V = (-2000)7 + 20000 = 6000

please choose my answer thanks

khakaan (1456)
University of Virginia

I was on a very tight deadline but thanks to Studypool I was able to deliver my assignment on time.

The tutor was pretty knowledgeable, efficient and polite. Great service!

Heard about Studypool for a while and finally tried it. Glad I did caus this was really helpful.


Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors