Question

PLS HELP WILL GIVE BRAINLEST 100Pts!!!

Answer 1

Answer:

• Your car's value decreases around 20% to 30% by the end of the first year. From years two to six, depreciation ranges from 15% to 18% per year, according to recent data from Black Book, which tracks used-car pricing. As a rule of thumb, in five years, cars lose 60% or more of their initial value.

Answer 2

Answer:

Car A

• Initial price = $30000
• Initial depreciation = 20%
• Further yearly depreciation = $2000

The equation to reflect the above:

• A(t) = 30000 - 0.2*30000 - 2000t ⇒
• A(t) = 24000 - 2000t

Car B

• Initial price = $25000
• Initial depreciation = 10%
• Further yearly depreciation = $1500

The equation to reflect the above:

• B(t) = 25000 - 0.1*25000 - 1500t ⇒
• B(t) = 22500 - 1500t