(1 point) In 2003, the price of a certain automobile was approximately $33,900 with a depreciation of $1,840 per year. a) Write an equation to model the problem. Let P be the price of the car and let t represent the number of years after 2003. For example, the year 2005 would be represented by t = 2. Your answer must include P = Answer: b) After how many years will the car's value be $11,820? (Note: Include the units, in this case years.) Answer: WeBWorK, like mathematics, is case sensitive so capitals matter. Use P and not p .
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- Let \( P \) represent the price of the car in dollars. - Let \( t \) represent the number of years after 2003. Show more…
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