The average value of a certain type of automobile was $21,000 in 2007 and depreciated to $14,940 in 2012. Let y be the average value of the automobile in the year x, where x = 0 represents 2007. Write a linear equation that models the value of the automobile in terms of the year x.

The average value of a certain type of automobile was $21,000 in 2007 and depreciated to $14,940 in 2012. Let y be the average value of the automobile in the year x, where x = 0 represents 2007. Write a linear equation that models the value of the automobile in terms of the year x.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 9PT: Does Table 2 represent a linear function? If so, finda linear equation that models the data.

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