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-The Average Value of a Certain Type of Automobile

question 208

Multiple Choice

Solve.
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-The average value of a certain type of automobile was $\$ 13,800$ in 1993 and depreciated to $\$ 8160$ i be the average value of the automobile in the year $x$ , where $x = 0$ represents 1993 . Write a linear models the value of the automobile in terms of the year $\mathrm { x }$ .

• A) \(y = - 1880 x + 8160\)
• B) \(y = - 1880 x + 13,800\)
• C) \(y = - 1880 x + 2520\)
• D) \(y = - \frac { 1 } { 1880 } x - 8160\) in 1996. Let y

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Definitions:

Account Number

A unique sequence of numbers assigned to a customer's account in a bank or financial institution, facilitating the management and identification of accounts.

Ledger

A comprehensive collection of a company's financial accounts, used for recording all financial transactions.

Debits

Entries on the left side of an account ledger, indicating an increase in assets or decrease in liabilities and equity.

Credits

Entries in accounting that increase liabilities, revenue, or equity accounts, or decrease asset or expense accounts, reflecting a gain in financial statements.