Leo bought a bulldozer for $63,103. The value of the bulldozer depreciated at a constant rate per year. The table below shows the value of the bulldozer after the first and second years:

Question

anonymous · Answer

Year	
1
2
Value (in dollars)	
58,054.76
53,410.38

anonymous · Answer

Which function best represents the value of the bulldozer after t years?
 f(t) = 58,054.76(0.92)t

 f(t) = 63,103(0.08)t

 f(t) = 63,103(0.92)t

 f(t) = 58,054.76(0.08)t

anonymous · Answer

the table looks like this : year             1              2
                       valued money    58,054.76        53,410.38

anonymous · Answer

@Green_Plan @ganeshie8 @random231 @radar

random231 · Answer

the first one is the answer
because the rate of depreciation is 
53,410.38/58,054.76 = 0.92
so f(t)= 58,054.76*0.92*t

anonymous · Answer

Ok, thanks!

anonymous · Answer

thats what i thought too.

anonymous · Answer

One more question, why wouldnt it be 63,103?

anonymous · Answer

@random231 ?

anonymous · Answer

ok, just checking.

random231 · Answer

just a second.. @naturegirl

random231 · Answer

im sorry i said it wrong i just saw the table!!!!!!! :((((((((sorry

random231 · Answer

itll be the third one... to be purfect

random231 · Answer

but i must add the first one is not entirely wrong!!!

anonymous · Answer

Ok, lol thank you for all your help!

random231 · Answer

im sorry!!! :(

random231 · Answer

for misguiding u!