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Solve the Problem $16,400\$ 16,400 , and 4 Years Later It Was Worth

Question 134

Multiple Choice

Solve the problem.
-A new car was purchased for $16,400\$ 16,400 , and 4 years later it was worth $8800\$ 8800 . Assume that the depreciation in value is given by a linear equation. Find the value of the car at the end of 6 years.


A) $12,600\$ 12,600
B) $7600\$ 7600
C) $20,200\$ 20,200
D) $5000\$ 5000

Correct Answer:

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