When you buy a car (in most cases) the value of the car decreases as it gets older. Suppose you bought a used car for $15,000 a few years ago, and its value has been decreasing at a rate of $2,000 per year since then. Time (yrs) Value ($) $15,000 $13,000 2 $11.000 3 $9,000 4 $7,000 $5,000 Decreasing Value of Car $16,000 $12,000 $8,000 $4,000 $0 a) Find the y- intercept and explain what it means. b) Find the slope of the line and explain what it means (including the sign). c) Estimate the value of the car after 42 months.

When you buy a car (in most cases) the value of the car decreases as it gets older. Suppose you bought a used car for $15,000 a few years ago, and its value has been decreasing at a rate of $2,000 per year since then. Time (yrs) Value ($) $15,000 $13,000 2 $11.000 3 $9,000 4 $7,000 $5,000 Decreasing Value of Car $16,000 $12,000 $8,000 $4,000 $0 a) Find the y- intercept and explain what it means. b) Find the slope of the line and explain what it means (including the sign). c) Estimate the value of the car after 42 months.

Name: 27. When you buy a car (in most cases) the value of the car decreases
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Description: 27. When you buy a car (in most cases) the value of the car decreases as it gets older.Suppose you bought a used car for $15,000 a few years ago, and its value has beendecreasing at a rate of $2,000 per year since then.Time(yrs) Value ($)$15,000$13,

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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27. When you buy a car (in most cases) the value of the car decreases as it gets older.
Suppose you bought a used car for $15,000 a few years ago, and its value has been
decreasing at a rate of $2,000 per year since then.
Time
(yrs) Value ($)
$15,000
$13,000
2
$11.000
3
$9,000
4
$7,000
$5,000
Decreasing Value of Car
$16,000
$12,000
$8,000
$4,000
$0
a) Find the y- intercept and explain what it means.
b) Find the slope of the line and explain what it means (including the sign).
c) Estimate the value of the car after 42 months.

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