Answer:
yes.
Step-by-step explanation:
The formula to figure residual value follows: Residual Value = The percent of the cost you are able to recover from the sale of an item x The original cost of the item. For example, if you purchased a $1,000 item and you were able to recover 10% of its cost when you sold it the residual value is $100!!
Here is a graph. When you use a graphing calculator, it isn't always necessary to solve for y.
Note different colors are used for the different problems. Problem 2 has a dashed line, as described by "Remember, ...".