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S B.

asked • 09/17/18

Algebra Word Problem Help Needed........

In the year 2015, Anna bought a new car for $36,000. In 2017, she was told that the value of her car was $25,000 due to depreciation. She is told that the value of her car depreciates linearly.

Find a function V(t) which gives the value of the car t years after the year 2015.
In 2018, Anna is told that she will be given $15,000 for her car if she decides to trade it in for a new car. Use the function from part (1) above to determine the value of her car in 2018.
Is the $15,000 value fair based on what she was told about linear depreciation? Explain your answer?

1 Expert Answer


Nestor R. answered • 07/17/19

5 (3)

Statistician with a very good grounding in Algebra

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