Question

decided to purchase a new Toyota 4Runner for $25,635. you have promised your daughter that the SUV will be hers when the car is worth $10,000. According to the car dealer, the SUV will depreciate in value approximately $3,000 a year 1. write a linear equation in which Y represents the total value of the car and X represents the age of the car.

Answer 1

Answer:

y = -3000x + 25,635

Step-by-step explanation:

well if the inital value of the car is $25,635 this means that when

x = 0   y = 25,635

(0 , 25635)

this will be our first point

Now if you tell us that in 1 year depreciate in value $3,000

this means thaw when

x = 1  y = 25,635 - 3,000

x = 1 y = 22,635

(1, 22635)

Now that we have 2 points we can have the equation

First we take the slope as follows

m = (y2 - y1) / (x2 - x1)

m = (22,635 - 25,635) / (1 - 0)

m = -3000 / 1

m = -3000

after calculating the slope we have to replace it in the following formula

(y - y1) = m (x - x1)

y - 25,635 = -3000 ( x - 0)

y - 25,635 = -3000x

y = -3000x + 25,635

Finally we replace the value of y by 10000

10,000 = -3000x + 25,635

10,000 - 25,635 = -3000x

-15,635 = -3000x

-15,635/-3000 = x

5.21167 = x       years

These are the years it would take for the value to be 10,000

to know the days we simply multiply by 365

5.21167 * 365 = 1902.26      days