Need help! please!
Dan bought a truck for $29,800. The value of the truck depreciated at a constant rate per year. The table below shows the value of the truck after the first and second years:
Year 1 2
Value (in dollars) 26,522 23,604.58
Which function best represents the value of the truck after t years?
A. f(t) = 29,800(0.89)t
B. f(t) = 26,522(0.89)t
C. f(t) = 29,800(0.11)t
D. f(t) = 26,522(0.11)t
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OpenStudy (carlosjose):
hey
OpenStudy (anonymous):
hi
OpenStudy (anonymous):
I dont know the answer
OpenStudy (danjs):
sure there isnt a - sign in there?
OpenStudy (anonymous):
i know
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OpenStudy (anonymous):
yes I'm sure
OpenStudy (danjs):
(Change in value in one year) / (starting value) = -0.11
11% per year
OpenStudy (danjs):
so after 1 year, the value is 100 - 11 = 89% of the original value
OpenStudy (anonymous):
okay
OpenStudy (anonymous):
thanks for all your help
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OpenStudy (danjs):
the original value times 0.89 times time
OpenStudy (anonymous):
do you know how to give a medal?
OpenStudy (danjs):
me?
OpenStudy (anonymous):
yes
OpenStudy (danjs):
i never have, ive been here only a few days, i think you just hit "best answer", could be wrong though