The graph shows the predicted value y , in dollars, of a certain sport utility vehicle x years after it

Question

The graph shows the predicted value y , in dollars, of a certain sport utility vehicle x years after it is first purchased. The curve is in quadrant 1. The curve trends down gradually from left to right. The curve passes through the following approximate points: (0 comma 23,000) (1 comma 19,320) (3 comma 13,632) (5 comma 9,619) Which of the following is closest to the predicted value of the sport utility vehicle 3 years after it is first purchased?

Accepted Answer

Choice B is correct. For the graph shown, the horizontal axis represents the number of years after a certain sport utility vehicle is first purchased, and the vertical axis represents the predicted value, in dollars, of the sport utility vehicle. According to the graph, 3 years after the sport utility vehicle is purchased, the predicted value of the sport utility vehicle is between $ 10,000 and $ 15,000 . Of the given choices, only $ 13,632 is between $ 10,000 and $ 15,000 . Therefore, $ 13,632 is closest to the predicted value of the sport utility vehicle 3 years after it is first purchased. Choice A is incorrect. This is closest to the predicted value of the sport utility vehicle 5 years after it is first purchased. Choice C is incorrect. This is closest to the predicted value of the sport utility vehicle 1 year after it is first purchased. Choice D is incorrect. This is closest to the predicted value of the sport utility vehicle when it is first purchased.

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