If a new truck costs $43,750 and it depreciates 11% per year, what will the truck be worth in 5 years?
1 answer:
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Answer:
point - slope form
y - 1 = 3 (x-0)
Step-by-step explanation:
<u><em>step(i):-</em></u>
Given points are (0,1) and (2,7)
The slope of the line
m =3
<u><em>Step(ii):-</em></u>
point -slope form
y - y₁ = m(x-x₁)
Equation of the straight line passing through the point (0,1) and having slope 'm' = 3
y - 1 = 3 (x-0)
y -1 = 3x
3x - y +1=0
Equation of the straight line passing through the point (0,1) and having slope 'm' = 3 is 3x -y +1=0