Asked by Rishi Gowda on Jun 15, 2024
Verified
A car that Sophia wants to buy costs $21,000.She does research and finds that after 14 years the car depreciates to a value of zero.If the car depreciates in straight line form,write the straight line depreciation equation.
Straight Line Depreciation
A line that shows a constant decline in the value of something, such as a car that loses the same value each year.
- Assess the impact of depreciation on the value of a vehicle as time progresses.
Verified Answer
MB
Michael BaltasJun 19, 2024
Final Answer :
(0,21,000), (14,0); 
so the slope is 
Equation: y = -1,500x + 21,000
so the slope is Equation: y = -1,500x + 21,000
Learning Objectives
- Assess the impact of depreciation on the value of a vehicle as time progresses.