Suppose you bought a Honda Civic in 2005 for $23,000. In 2007, it was worth $18,400. Assume that the rate at which the c
Posted: Tue Jun 07, 2022 6:35 am
Suppose you bought a Honda Civic in 2005 for $23,000. In 2007, it was worth $18,400. Assume that the rate at which the car depreciates is constant. (a) Find the rate of change of the value of the car. $ per year (b) Complete the following table. Year Value, V (dollars) 2005 2007 2008 2009 2010 (c) Find an equation for the value in terms of the year. (Align the data so that 2005 is year y-0.) V(X) = dollars (d) How much will the value of the car change during a 1-month period? Round your answer to the nearest dollar. Need Help? Read