Because it has already been factored, we can solve it straight away. Now, since m is a variable, we yield the same result if m = 0 or m = 3 because we have two components to this equation.
We can either have m = 0 or m - 3 = 0
Hence, m is either 0 or 3
Depreciation of 11% per year means that the price is multiplied by 89% (0.89) every year. Do this 11 times or use exponents
Final price:
207000*(0.89^11) = 57446.083
There may be more than one way in which to answer this question. I will assume that the "equation" is a linear one: f(x) = mx + b.
Then (16/3) = m(1) + b
This is one equation in two unknowns, so it does not have a unique solution. Was there more to this problem than you have shared?
If we assume that the y-intercept (b) is zero, then y = mx, and
16/3 = 1m, so that m = 16/3, and so y = (16/3)x.