Samuel bought a cement mixer for $54,205. The value of the cement mixer depreciated at a constant rate per year. The table below shows the value of the cement mixer after the first and second years:
Year 1 2 Value (in dollars) 47,158.35 41,027.76
Which function best represents the value of the cement mixer after t years?
f (t) = 47,158.35 (0.87) t
f (t) = 54,205 (0.13) t
f (t) = 47,158.35 (0.13) t
f (t) = 54,205 (0.87) t
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