Mathematics, 11.02.2020 04:47 rhettperkins
A study was conducted to investigate the relationship between the resale price, y (in hundreds of dollars), and the age, x (in years), of midsize luxury American automobiles. The equation of the line of best fit was determined below.
y = 181.7 - 20.21x
(a) Find the resale value in dollars of such a car when it is 3 years old. $(b) Find the resale value in dollars of such a car when it is 6 years old. $ (c) What is the average annual decrease in the resale price in dollars of these cars? $
Answers: 1
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