Solve
-The Average Value of a Certain Type of Automobile $\$ 13,740$

question 257

Multiple Choice

Solve.
-The average value of a certain type of automobile was $\$ 13,740$ in 1993 and depreciated to $\$ 7080$ in 1997 . Let $y$ be the average value of the automobile in the year $x$ , where $x = 0$ represents 1993 . Write a linear equation that models the value of the automobile in terms of the year $x$ .

• A) \(y = - 1665 x + 13,740\)
• B) \(y = - 1665 x + 7080\)
• C) \(y = - 1665 x + 420\)
• D) \(y = - \frac { 1 } { 1665 } x - 7080\)

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Definitions:

Normal Wage

The standard or average amount of pay that workers receive for their labor in a specific job or industry.

Petty Cash Fund

Cash kept on hand in the office for small purchases.

Office Furniture

Items of furniture designed for use in a workplace environment, including desks, chairs, and file cabinets.

Medications

Substances used to treat or prevent diseases and conditions.