In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year.

Write an exponential function that models this problem.
A) y = 34(1.13)^x
B) y = 34(.87)^x
C) y = 13(.66)^x
D) none of the above In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year.

Write an exponential function that models this problem.
A) y = 34(1.13)^x
B) y = 34(.87)^x
C) y = 13(.66)^x
D) none of the above @Mathematics

Question

In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year.

Write an exponential function that models this problem.
A) y = 34(1.13)^x
B) y = 34(.87)^x
C) y = 13(.66)^x
D) none of the above In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year.

Write an exponential function that models this problem.
A) y = 34(1.13)^x
B) y = 34(.87)^x
C) y = 13(.66)^x
D) none of the above @Mathematics

fools101 · Answer

other help! please!

anonymous · Answer

B

anonymous · Answer

By depriciation what we mean ??
m askin u i know u will find the formula

anonymous · Answer

The value is 87% of what it was, for every year that passes.  After 1 year passes, the value of the truck is $$34*0.87$$After two years, the above value has decreased another 13%, so the new value is 87% of the above, or:$$34*0.87*0.87=34*0.87^2$$After year three:$$34*0.87^3$$After year x:$$34*0.87^x$$