Question

If photocopier is purchased for $6,200 and depreciates in value by 15% per year. Which equation best describes the value of the photocopier in t years?

Answer 1

6,200(1-.15)^t

Explanation:

P is the 6, 200 dollars and 1-.15% or. 85 % is how much it depreciates each year. And t is the time.