Given that your
parents have decided to buy a new toyota 4runner for $25,635. according
to the dealer, the car will depreciate in value approximately $3,000 per
year.
Let the number of years after the purchase of the car be t, then the linear equation to find how many years until
the car is worth $3,135 is given by
3,135 = 25,635 - 3,000t
The solution is as follows:
3,000t = 25,635 - 3,135 = 22,500
t = 22,500 / 3,000 = 7.5 years.
Therefore, the number of years it will take for the value of the car to be $3,135 is 7.5 years.
