Question

A car was purchased for $41,000. The value of the car depreciates by $1,100 per year. Find a linear function that models the value V of the car after f years. What will be the value of the car after 9 years?

Answer 1

V(f) = 41,000 - 1,100f

V(9) = 41,000 - 1,100(9) = 41,000 - 9,900

= 31,100

The value of the car after 9 years is $31,100.