Question

Dan bought a truck for $29,000. 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: 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

Answer 1

The only choice that gives the right value for year 1 is ...
A.) F(t) = 29,800(0.89)^t

_____
It does not give the correct value for t=0.