Question

Jason purchased a car for $22,995. According to his research, this make and model of the car loses all of its markable value after 9 years. If this car depreciates in a straight line form, what are the intercepts of the depreciation equation?

Answer 1

The y-intercept will be at (0, 22,995 and the x intercept at (9, 0).

Explanation:

The y-axis is calibrated in dollars and the x-axis in years.

The graph is a straight line which starts on the positive y axis and ends on the positive x-axis and has a negative slope .