Question

a new car worth $25,000 is depreciating in value by $5,000 per year. complete parts a. through b. below.
a. write a formula that models the car’s value, y, in dollars, after x years.
y = \square

Explanation:

Step1: Identify initial value

The initial value of the car is $\$25,000$.

Step2: Define annual depreciation

The car loses $\$5,000$ each year, so total depreciation after $x$ years is $5000x$.

Step3: Build value formula

Car value equals initial value minus total depreciation.
$y = 25000 - 5000x$

Answer:

$y = 25000 - 5000x$