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A bus was purchased for $90,000. Assuming the bus depreciates at a rate of $7,500 per year for the first 10 years, write the value v of the bus as a function of time 1.

A bus was purchased for $90,000. Assuming the bus depreciates at a rate of $7,500 per year for the first 10 years, write the value v of the bus as a function of time 1.
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A bus was purchased for $90,000. Assuming the bus depreciates at a rate of $7,500 per year for the first 10 years, write the value v of the bus as a

function of time 1.

asked
User Francois Taljaard
by
7.6k points

1 Answer

3 votes

Answer:

V(t)= 90000 x 1.0833^-10t

Explanation:

answered
User Nosk
by
7.9k points
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