BRAINLIESTTTTT!!!!1. Samuel bought a cement mixer for $54,205. The value of the cement mixer depreciated at a constant rate per year. The table below shows the value of the cement mixer after the first and second years:Year 1 2Value (in dollars) 47,158.35 41,027.76Which function best represents the value of the cement mixer after t years? f(t) = 47,158.35(0.87)^t f(t) = 54,205(0.13)^t f(t) = 47,158.35(0.13)^t f(t) = 54,205(0.87)^t
Accepted Solution
A:
Hi!
Samuel bought the mixer for $54,205. The value of this (the prive) decreases every year at a costant rate (so, for example, it may decrease of $100 every year).
we are solving for t and we should keep in mind that we multiply the price for the function (1 - rate/100)^time