A line has slope -3/4 and y-intercept 5.
1 answer:
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Answer:
The value of the car will be 6100 dollars in 8.8 years
Step-by-step explanation:
Present value of car = $23900
The value of the car depreciates at 14.25% per year
Let x be no. of years in which the value of the car becomes 6100 dollars
Formula:
Substitute the values :
Hence the value of the car will be 6100 dollars in 8.8 years
One fifth is the same as 
and 15 is the same as 
So just times across,
×
Resulting in(1 x 15= 15, and 5 x 1= 5),
If you need/want to reduce it, divide both numbers by 5. Leaving you with the simplified answer of
or 3. Either answer works. :)
If you have any questions, just comment them down below :)
So just times across,
Resulting in(1 x 15= 15, and 5 x 1= 5),
If you need/want to reduce it, divide both numbers by 5. Leaving you with the simplified answer of
If you have any questions, just comment them down below :)