A used car has a value of $15,250 when it is purchased in 2012. The value of the car decreases at a rate of 7.5% per year. Write
1 answer:
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Answer:
m ACG = 17
x = 24
Step-by-step explanation:
Answer:
y = 4x + 14
Step-by-step explanation:
slope-intercept form: y = mx + b
Slope formula:
To write the equation in y = mx + b form, we need to find the slope(m) and the y-intercept(b) of the equation.
To find the slope, take two points from the table(in this example I'll use points (0, 14) and (1, 18)) and input them into the slope formula:
Simplify:
18 - 14 = 4
1 - 0 = 1
The slope is 4.
To find the y-intercept, input the values of the slope and one point(in this example I'll use point (1, 18)) into the equation format and solve for b:
y = mx + b
18 = 4(1) + b
18 = 4 + b
14 = b
The y-intercept is 14.
Now that we know the slope and the y-intercept, we can write the equation:
y = 4x + 14