152k views
5 votes
A new truck that sells for $29,000 depreciates 12% each year.

Write a function that models the value of the truck.

User Ewan Todd
by
7.5k points

1 Answer

4 votes

Answer and Step-by-step explanation:

f(x) =
29,000(0.88)^(x)

Where x is time in years and f(x) is the amount of money the truck is worth each year.

We get 0.88 by subtracting 0.12 (aka 12%) from 1.00.

#teamtrees #PAW (Plant And Water)

User Sam Chi Wen
by
8.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories