Posted by **jen** on Sunday, March 7, 2010 at 8:41pm.

you purchase an suv for $26,000. A year later the car is worth only $24,800. If the value of the car continues to depreciate at that rate,

a. find the linear equation that determines the value of the car based on the number of years you own it.

b. when will the car be worth $500?

## Answer This Question

## Related Questions

- Algebra - Three years after purchase, a car is estimated to be worth $24,000. At...
- algebra - Jimmy bought a car in January of 2010 worth $25, 500. He submitted the...
- math - Jason uses his car for his job. He is allowed to depreciate the car 7% ...
- algebra 2 ap - Jason uses his car for his job. He is allowed to depreciate the ...
- Algebra, Mathematics - A $40 000 car depreciates at a rate of 13% per year. a) ...
- math - The value of a car decreases at a constant rate as it grows older. When ...
- algebra - kathy plans to purchase a car that depreciates (loses value)at a rate...
- Algebra1 - 3. Jackson bought a car for $11,000.00. After 2 years, the value of ...
- Advanced Functions - he value of a new car depreciates at a rate of 12% per year...
- check/ help! - a new car depreciate by 20% in its first year. Each succeding ...

More Related Questions