Set a linear equation for the following linear scenario to

Last updated: 7/12/2022

Set a linear equation for the following linear scenario to answer the questions: A new car costs $32,000, and the car's value depreciates linearly to $9,600 in three years. Explain the process to write a formula that expresses the car's value, V, in terms of its age, t, in years. What is the car's value in 5 years? At what point is the formula useless? Explain.