Jason purchased a car for $22,995. According to his research, this make and model of the car loses all of its markable value aft
er 9 years. If this car depreciates in a straight line form, what are the intercepts of the depreciation equation?
1 answer:
Answer:
The y-intercept will be at (0, 22,995 and the x intercept at (9, 0).
Step-by-step explanation:
The y-axis is calibrated in dollars and the x-axis in years.
The graph is a straight line which starts on the positive y axis and ends on the positive x-axis and has a negative slope .
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The slope of line m is also 2/7 because they are parallel so they have the same slope