Answer: [tex]s=17400-2400t[/tex]
Step-by-step explanation:
Since it is a case of depreciation, there for the rate of change in the price of automobile should be negative.
The rate of change of this linear function is given by:-
[tex]m=\frac{\text{salvage value}-\text{original value}}{t_6-t_0}\\\Rightarrow\ m=\frac{3000-17400}{6-0}\\\Rightarrow\ m=\frac{-14400}{6}\\\Rightarrow\ m=-2400[/tex]
Thus, the original value of automobile depriciates by rate of $2400 per year.
The the linear equation that models the value, s, of this automobile at the end of year t is given by:-
[tex]s=17400-2400t[/tex]