Answer: 28,000-2,000x= y
Step-by-step explanation: 28,000 is the starting cost. You would have to then multiply 2,000 by the amount of years it depreciates you find the total amount of value lost during the depreciation period. Once the total depreciation is determined you would subtract the starting cost from the depreciation amount. Determining Y, the value of the car after a certain amount of years.
Given that a new car worth $28,000 is depreciating in value by $2000 per year. The linear equation that models the car's value, y, in dollars, after x years : y = 28000 - 2000x.
A linear equation is an equation in which the highest power of the variable is always 1. It is also known as a one-degree equation.
Present car's value = y dollars
Number of years passed = x years
Linear equation that models the car's value =
y = 28000 - 2000x
($2000 depreciates every year. So the current value of the car is original price minus the $2000 subtracted every year i.e., x times $2000)
Learn more about linear equation here
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