A company just purchased a fleet of new cars for $30,500 per car. It is estimated that value of each car will depreciate by $450

Question

3 years ago

5

A company just purchased a fleet of new cars for $30,500 per car. It is estimated that value of each car will depreciate by $450

0 per year. Let x be the age of the car in years, and y be the value of the car. Write an equation that estimates the value of the car as a function of its age.

Mathematics

1 answer:

hjlf · Answer 1 · 2022-03-19T00:33:02+03:00

hjlf3 years ago

4 0

Answer:

The required equation is ,

y = $30,500 - 4500 \times x$

Step-by-step explanation:

Current value of each car = $ 30,500

Each car's value depreciate by $ 4500 per year.

If x is the age of the car in years then it's value will be,

y = $30,500 - 4500 \times x$ [in $]