A bus was purchased for $90,000. Assuming the bus depreciates at a rate of $7,500 per year for the first 10 years, write the value v of the bus as a

function of time 1.

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Sienna Zhang

11 January, 07:46

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Chris Weiss · Answer 1

Chris Weiss 11 January, 08:24

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V (t) = 90000 x 1.0833^-10t

A bus was purchased for $90,000. Assuming the bus depreciates at a rate of $7,500 per year for the first 10 years, write the value v of the bus as afunction of time 1.