Question

Suppose that a piano costs $6,000 and loses 15% of its value each year. The table below shows the value, v, of a piano after, t, years.
Part A: Write an equation to find the value of the piano, v, after t years.
Part B: What will be the value of the piano after 16 years? Round your answer to the nearest hundredth.

Answer 1

v(value)=6000-0.15t(years)

Part B would be $445.50

4.$3132.03

5$2662.23

6$2262.89

7$1923.46

8$1634.94

9$1389.70

10$1181.24

11$1004.05

12$853.45

13$725.43

14$616.61

15$524.12

16$445.50