A new car worth $24,000 is depreciating in value by $3000 per year.
a. Write a formula that models the car’s value, y, in dollars, after xyears.
b. Use the formula from part (a) to determine after how many years the car’s value will be $9000.
c. Graph the formula from part (a) in the first quadrant of a rectangular coordinate system. Then show your solution to part (b) on the graph.
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