I really need some help; I can't figure out how to solve this problem.
You purchase an SUV for $26,000.00. A year later the car is worth only $24,800.00. If the value of the car continues to depreciate at that rate,
a. Find the linear equation that determines the value of the car based on the number of years you own it.
b. When will the car be worth $500?
And, I have to show my work! Please help!