Y - 24 = -0.6 (x - 1)
y - 24 = -0.6x + 0.6 add 24 to both sides
y - 24 + 24 = -0.6x + 0.6 + 24
y = -0.6x + 24.6 add 0.6x to both sides
0.6x + y = -0.6x + 0.6x + 24.6
0.6 x + y = 24.6
The answer is:
(x-5)(x+3)=0
Answer:
The worth of the car after 6 years is £2,134.82
Step-by-step explanation:
The amount at which Dan buys the car, PV = £2200
The rate at which the car depreciates, r = -0.5%
The car's worth, 'FV', in 6 years is given as follows;
Where;
r = The depreciation rate (negative) = -0.5%
FV = The future value of the asset
PV = The present value pf the asset = £2200
n = The number of years (depreciating) = 6
By plugging in the values, we get;
The amount the car will be worth which is its future value, FV after 6 years is FV ≈ £2,134.82 (after rounding to the nearest penny (hundredth))