Question: You bought a new car for $ 2 2 , 5 0 0 in 2 0 0 5 , and the value of the car

You bought a new car for $22,500 in 2005, and the value of the car depreciates by $400 each year. Find a formula for V, the value of the car, in terms of t, the number of years since 2005. Hint: This respresents a constant rate of change. The answer is an equation of a line.

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