Answered: In 2014, you owed $20100 on your car…

In 2014, you owed $20100 on your car and you paid it off in 2020. Assume the rate of change is linear and complete the table. Amount Owed in dollars Year 2014 2015 2017 2020 $ 20100 69 EA $0

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

In 2014, you owed $20100 on your car and you paid it off in 2020.
Assume the rate of change is linear and complete the table.
Amount Owed
in dollars
Year
2014
2015
2017
2020
$ 20100
69
$
$0

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