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k0ka [10]
2 years ago
7

Depreciation is a process describing how something loses its value over time. A 2021 Ford F150 will lose 7% of its value each ye

ar as time passes on. If the Ford F150 was purchased for $28,940, find the function that gives its value in terms of years, t, after its purchase.
Mathematics
2 answers:
Lerok [7]2 years ago
4 0

Answer:

which book is this

Step-by-step explanation:

mina [271]2 years ago
3 0

Answer:

28940(.93)^t

Step-by-step explanation:

if something is decreasing by 7 percent it's the same as mulitplying it by 93 percent or (1-.07)

we can write

28940(.93)^t

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