Problem

The value $V$ of a car, in hundreds of dollars, is given by $V+25 t=300$, where $t$ is the age of of the car. If the car was bought new three years ago, graph the equation and estimate the value of the car four years from now.

Answer

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Answer

\(\boxed{\text{The current value of the car is \$22500 and the estimated value of the car four years from now is \$12500.}}\)

Steps

Step 1 :Rearrange the equation to solve for \(V\), which gives \(V = 300 - 25t\).

Step 2 :Substitute \(t = 3\) into the equation to find the current value of the car. This gives \(V = 300 - 25*3 = 225\). So, the current value of the car is \$22500.

Step 3 :Substitute \(t = 7\) into the equation to find the estimated value of the car four years from now. This gives \(V = 300 - 25*7 = 125\). So, the estimated value of the car four years from now is \$12500.

Step 4 :Plot the equation \(V = 300 - 25t\) to visualize the depreciation of the car's value over time. The x-axis represents the age of the car in years, and the y-axis represents the value of the car in hundreds of dollars. The graph shows a linear depreciation of the car's value over time.

Step 5 :\(\boxed{\text{The current value of the car is \$22500 and the estimated value of the car four years from now is \$12500.}}\)

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