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Vince purchased a used car for $11,200. This make and model used car straight line depreciates to zero after 7 years.
a. Identify the coordinates of the x- and y-intercepts for the depreciation equation.
b. Determine the slope of the depreciation equation.
c. Write the straight line depreciation equation that models this situation.
d. Draw the graph of the straight line depreciation equation.
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