The manufacturer's suggested retail price (MSRP) for a

Last updated: 7/7/2022

The manufacturer's suggested retail price (MSRP) for a particular car is $24,780, and it is expected to be worth $13,908 in 4 years. (a) Find a linear depreciation function for this car. (b) Estimate the value of the car 7 years from now. (c) At what rate is the car depreciating? (a) What is the linear depreciation function for this car? (Simplify your answer. Do not include the $ symbol in your answer.) (b) What is the estimated value of the car 7 years from now? (c) At what rate is the car depreciating? The car is decreasing in value an average of $ a year.