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Luxury Car Depreciation

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Luxury Car Depreciation
Find a linear formula.?

A luxury vehicle costs $ 46,541 and the car depreciates a total of 49% during its first installment 5 years. Assume that the depreciation is linear. Find a formula for the value of the car at time t.

let t = the years you have the coordinates (0, 46 541) and (5, 46 541 – 49%, which is 23 735, 91) find the gradient between two points m = (from 23,735.91 to 46 541) / 5 m = -4561,018 Now find the following equation: y-y1 = m (x-x1) y – 46541 = -4561,018 (x-0) y = -4561,018 (t) + 46541 and nothing else.

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.Luxury Car Depreciation.

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