The multiplier that would be used to calculate the depreciation of the car is 0.83^y.
What does depreciation mean?
Depreciation is when the value of an asset declines due to wear and tear.
The equation that can be used to represent depreciation is:
Value of the asset x (1 - rate of depreciation)^years
$31,000 x 0.83^y.
To learn more about depreciation, please check: https://brainly.com/question/25552427
