A truck was purchased for $25,000 in 2020 and each year its value decreases by 7%. How much will the truck be worth in
1 answer:
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Answer:
y = 9x - 11
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (- 3, - 38) and (x₂, y₂ ) = (8, 61)
m = =
= 9, thus
y = 9x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (8, 61), then
61 = 72 + c ⇒ c = 61 - 72 = - 11
y = 9x - 11 ← equation of lie