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 2
Value (in dollars) 47,158.35 41,027.76

Which function best represents the value of the cement mixer after t years?

Question

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	2
Value (in dollars)	47,158.35	41,027.76


Which function best represents the value of the cement mixer after t years?

mahoganie.carson · Answer

Welcome to Open Study :) This might be the answer f(t) = 54,205(0.87)^t

ms-brains · Answer

Good job and welcoming and helping this user! You are a great contribute to the OS community @Mahoganie.Carson

mahoganie.carson · Answer

Thank You @Ms-Brains I'm really happy you said that =]