The fee for registering a new car is given by a linear equation that depends on the car’s value. The fee for a $15,000 car is $128.50, and the fee for a $25,000 car is $193.50.
Find a linear equation that gives the registration fee for a new car that cost dollars.
Answer:
Use your equation to estimate the registration fee for a car that costs $22,000.
$
What is the slope of your line? What does the slope mean in this situation?
The slope is
and it tells
the steepness of the car's value.
the fraction of the car's value that is added into the registration fee.
the intest rate of the loan.
how much the car's value decreases.