A new car tends to depreciate in value more quickly during the first couple of years a at a more gradual rate afterwards Suppose that a 2017 Toyota the has eve of $8,000 on January 1, 2019 it then begins to depreciate in value $1,500 pr year, find al the linear equation for the value of t car years after 2019 V The slope of the equation is of the decreases, Find the value of the car in 2022 and in 2027

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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8. A new car tends to depreciate in value more quickly during the first couple of years and then
at a more gradual rate afterwards. Suppose that a 2017 Toyota Prius has a value of $18,000
on January 1, 2019. If it then begins to depreciate in value $1,500 per year, find
a) The linear equation for the value of the car years after 2019. V
b) The slope of the equation is
of the car decreases
c) Find the value of the car in 2022.
and means for each year past 2019, the value
and in 2027
Transcribed Image Text:8. A new car tends to depreciate in value more quickly during the first couple of years and then at a more gradual rate afterwards. Suppose that a 2017 Toyota Prius has a value of $18,000 on January 1, 2019. If it then begins to depreciate in value $1,500 per year, find a) The linear equation for the value of the car years after 2019. V b) The slope of the equation is of the car decreases c) Find the value of the car in 2022. and means for each year past 2019, the value and in 2027
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