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How old will this type of car be before it has a negative

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You have come to the realization that buying a new car just makes no sense. Therefore, you have decided to buy a used car. You have done linear regression for the model of car you like and found that it follows the equation: Cost = 18,358-(1534*age). You decide that you can afford the car payments on a $15,000 car. How old must the car be for you to afford it? How old will this type of car be before it has a negative value?

Reference no: EM132514942

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