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Suppose you bought a Honda Civic in 2005 for $23,000. In 2007, it was worth $18,400. Assume that the rate at which the car depreciates
Suppose you bought a Honda Civic in 2005 for $23,000. In 2007, it was worth $18,400. Assume that the rate at which the car depreciates is constant. (a) Find the rate of change of the value of the car. $ per year (b) Complete the following table. (dollars) (c) Find an equation for the value in terms of the year. (Align the data so that 2005 is year y = 0.) dollars U W\" = (d) How much will the value of the car change during a 1-month period? Round your answer to the nearest dollar. $ U
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