Johnny wants to sell his car that he paid $7,000 for 2 years ago. The car depreciated, or decreased in value, at a constant rate each month over a 2-year period. If x represents the monthly depreciation amount, which expression shows how much Johnny can sell his car for today?

Question

Mathematics

Joy Garrison

2 December, 09:25

Johnny wants to sell his car that he paid $7,000 for 2 years ago. The car depreciated, or decreased in value, at a constant rate each month over a 2-year period. If x represents the monthly depreciation amount, which expression shows how much Johnny can sell his car for today?

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Answers (2)

Know the Answer?

Jazlynn · Answer 1

7000 - 24x = y (the amount he can sell the car for)

Nia Conway · Answer 2

7000 - 24x

Step-by-step explanation:

Johnny bought a car for $7000 about 2 years ago.

He wants to sell his car now.

The monthly depreciation amount = $x

2 years = 2 x 12 = 24 months.

The amount of depreciation for 2 years = 24x.

The expression that shows how much money he can get now by selling the car = Amount paid 2 years ago - depreciation for 2 years

= 7000 - 24x

Therefore, the answer is 7000 - 24x