In 2003, Troy bought a new car for

$33,500

. The car was worth

$21,000

in the year 2011. If Troy knows that the value of the car depreciated linearly, what was the annual rate of change of the car's value? Round your answer to the nearest hundredth if necessary.

Question

Peyton Harris

13 November, 06:03

+2

Answers (1)

Know the Answer?

Alessandra · Answer 1

It is a constant function.

that is the answer

In 2003, Troy bought a new car for$33,500. The car was worth$21,000in the year 2011. If Troy knows that the value of the car depreciated linearly, what was the annual rate of change of the car's value? Round your answer to the nearest hundredth if necessary.