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Jack and Jill are beginning a lawn care business. They have purchased a zero turn
radius riding lawn mower for $6,500. For tax purposes, its value is expected to
depreciate at a rate of 15% annually. Which function represents the value of the
riding lawn mower in dollars, V(t), as a function of elapsed time in years, t?


Sagot :

Answer: v(t)= 6500(0.15)^t

Step-by-step explanation:

In order to find the value in years, you would have to determine 15% in the elapsed time. 6500 is the initial amount therefore you would have to multiply it by the 15%+elapsed time.