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14 May, 06:51

Leo bought a bulldozer for $63,103. The value of the bulldozer depreciated at a constant rate per year. The table below shows the value of the bulldozer after the first and second years: Year 1 2 Value (in dollars) 58,054.76 53,410.38 Which function best represents the value of the bulldozer after t years?

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  1. 14 May, 08:46
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    Year 1

    58054.76=63,103 (1-r) ^1

    Year 2

    53,410.38=63103 (1-r) ^2
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