Question

The value of a certain car after one year was $13,595. The value of the same car after 3 years was $11,095. Find the slope and explain what it means.

Answer 1

-1250/1 or -1250

This tells us that the car depreciated in value by $1250 every year.

Explanation:

11,095-13,595= -2500

This is the value that the car has depreciated over 2 years (from the first year to the third year)

Since we need to find the slope we divide this value by two.

That value would be -1250

Since the value is negative, we know the car has depreciated in value. We also now know that it depreciated in value by $1250 every year

Hope this helps!