Question

You have decided to purchase a new Toyota 4Runner for $25,635. You have promised your daughter that the SUV will be hers when the car is worth $10,000. According to your car dealer, the suv will depreciate in value approximately $3,000 per year
graph of linear equation

Answer 1

A) y = -3000x + 25635
B) m = -3000. The slope represents the rate the Toyota 4Runner depreciates each year.
b = 25,635. The y-intercept represents the cost of the SUV before any depreciation occurred (the starting amount).