A car is purchased for $17,500. After each year, the resale value decreases by 20%. What will the resale value be after 5 years?
1 answer:
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F(x)=-1x-1
1) Pick 2 points on the line (i chose (-4,3) and (3,-4)
2) Find slope of the line using the 2 points. (work below)
3) Find y-intercept, which is the point where y-axis and the line cross (y-intercept is -1).
4) Place both slope and y-intercept into slope-intercept form, y=mx+b (m=slope and b=y-intercept.)
5) Change y to f(x) (meaning function of x).
Work:
3-(-4)/-4-3=3+4/-4-3=7/-7=-1
y-intercept equals -1 also.
y=mx+b
y=-1x+(-1)
y=-1x-1
f(x)=-1x-1<---Answer
1) Pick 2 points on the line (i chose (-4,3) and (3,-4)
2) Find slope of the line using the 2 points. (work below)
3) Find y-intercept, which is the point where y-axis and the line cross (y-intercept is -1).
4) Place both slope and y-intercept into slope-intercept form, y=mx+b (m=slope and b=y-intercept.)
5) Change y to f(x) (meaning function of x).
Work:
3-(-4)/-4-3=3+4/-4-3=7/-7=-1
y-intercept equals -1 also.
y=mx+b
y=-1x+(-1)
y=-1x-1
f(x)=-1x-1<---Answer