A car purchased for $28,000 is expected to depreciate according to the formula $y = - 1550 x + 28,000$ . When will the car have no value?
A) 18.1 years
B) 28 years
C) 17.1 years
D) 19.1 years

Question

Quizplus · Accepted Answer

The car will have no value when y = 0. So, we can solve the equation -1550x + 28,000 = 0 for x.-1550x = -28,000x = 28,000 / 1550x = 18.06 years (rounded to two decimal places)Therefore, the car will have no value after approximately 18.1 years.

A Car Purchased for $28,000 Is Expected to Depreciate According y=−1550x+28,000y = - 1550 x + 28,000y=−1550x+28,000

A Car Purchased for $28,000 Is Expected to Depreciate According $y = - 1550 x + 28,000$