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Answer:
y = 1500 - 63x. See the attached for a graph.
Step-by-step explanation:
Each withdrawal will total $63, which includes $60 cash and a $3 fee. Then x withdrawals will total 63x dollars. This amount is subtracted from the initial account balance of 1500 to give the amount remaining.
If y represents the account balance, the equation can be written as
... y = 1500 -63x
The graph will have a y-intercept of 1500, and a slope of -63.
<h3><u>The function that represents the price P of the car after x years is:</u></h3>
<em><u>Solution:</u></em>
<em><u>The decreasing function is given as:</u></em>
Where,
y is future value
a is initial value
r is decreasing rate in decimal
t is time period
From given,
a = 25000
number of years = x
future value = P
Therefore,
Thus the function is found