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Question
- cars :
after a car is purchased, the value of it decreases $4,000 each year. after 3 years, the car is worth $18,000.
a) write an equation that represents the value v (in dollars) of the car x years after it is purchased.
b) what was the original value of the car?
Step1: Identify linear form
The value follows $V = mx + b$, where $m=-4000$ (annual decrease).
Step2: Substitute known point
Plug $x=3$, $V=18000$, $m=-4000$ into the equation:
$18000 = -4000(3) + b$
Step3: Solve for initial value $b$
Calculate $-4000(3) = -12000$, then:
$b = 18000 + 12000 = 30000$
Step4: Write the full equation
Substitute $m=-4000$ and $b=30000$ into $V = mx + b$.
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a) $V = -4000x + 30000$
b) $\$30,000$