Not to sure of how to make reasonable graph for this question. A car was purchased new in 1970. The owner has taken excellent care of the car, and it has realtivly low miles. Draw a resonable graph to show the value of the car from the time it was purchased to the present.

Answer 1

It looks to me as though this is an impossible assignment with the information given.

We don't know the price of the car to begin with. Was it a Mercedes or a Volkswagon? Is it now considered a collectors car? How is that figured into its worth today?

What is it worth today?