Write an equation that represents car value

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Reference no: EM131152158

Use the graph below to write an equation that represents car value depreciation since purchase of the car.

Use the equation to predict the car value 7 years after purchase.

Use the variables V for Value and y to represent the year since purchase.

Explain how you arrived at your answer.

car value depreciation: Graph of VALUE against YEAR

V=$20000; Y=0

V=18000; Y=YEAR 1

V=16000; Y=YEAR 2

V=14000; Y=YEAR 3

V=12000; Y=YEAR 4

V=10000; Y=YEAR 5

Reference no: EM131152158

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