Algebra-1

Question Analysis
This question tests the student's ability to write an equation representing a real-world scenario involving depreciation. The car's value decreases by a fixed amount each year.

Key Concept Explanation
Depreciation is a type of negative rate of change where the value of an asset decreases over time. The equation for the value of the car after years can be written in the form , where is the rate of depreciation and is the initial value.

Step-by-step Solution
1. Identify the rate of depreciation:

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