Question

The value of a specific piece of machinery depreciates at a rate of 10% per year. The initial value of the machinery is $400. Write a formula that models the value of the machine after "t" years.

Please answer fast thank you

Answer 1

Answer: Y= 400 (1-0.1t)

Explanation:

Y the value after depreciation period

400 initial value

0.1 dep rate

T time