Ramon bought a bicycle for $478. The value of the bicycle is expected to decrease at a rate of 6.5% each year. What function equation represents the value of the bicycle after t years?
f (t) = 478 (1.065) ^t
f (t) = 478 (0.935) ^t
f (t) = 478 (6.5) ^t
f (t) = 478 (0.065) ^t
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Home » Mathematics » Ramon bought a bicycle for $478. The value of the bicycle is expected to decrease at a rate of 6.5% each year. What function equation represents the value of the bicycle after t years? f (t) = 478 (1.065) ^t f (t) = 478 (0.935) ^t f (t) = 478 (6.