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22 January, 14:12

A new car worth 25000 is depreciating in value by $5000 per year

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  1. 22 January, 14:59
    0
    What are you trying to figure out here
  2. 22 January, 17:56
    0
    y = 25,000 - 5,000x

    x being the number of years, and y being the resulting price.

    To find out when the car will be $5,000:

    5000 = 25000 - 5000x

    -20000 = - 5000x

    x = 4

    so in 4 years (hope this is what you were asking)
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