Question

Mr. Frank bought a car that cost $33,000 dollars. The car depreciates approximately 12% of

its value each year. Which equation represents the value, v, of the car after t years?

Answer 1

v = 33,000 - 3960t

Explanation:

3960 is equivalent to 12 percent of 33,000. The original value of the car, 33,000, then decreases by 3960 dollars times t, the number of years.