First we need to find a common denominator between 7y, 8y, and 6y. And the smallest common denominator is 336y, which I got by multiplying 7*8*6 and since they all share y, we can just keep the y without multiplying it.
Now, we need to multiply each fraction by the correct number on the top and bottom to reach 336. When we do this, we get . OMG. Well, now we need to expand the numerators.... Another OMG. But now we need to simplify...so we get . Done.
If every year the value decreases by $1,500 that variable will change, but the price he bought the car at will not. That is why the x variable(standing for years) would go into the 1,500. And if each year the value decreases the answer would be D