The value of a piece of equipment is decreasing at a rate of 7,5% yearly. If the equipment

was valued at $930 when it was purchased, which function represents the value of the

equipment x years after it was purchased? Explain,

Question

Gerald Knapp

Mathematics

19 March, 23:45

The value of a piece of equipment is decreasing at a rate of 7,5% yearly. If the equipment

was valued at $930 when it was purchased, which function represents the value of the

equipment x years after it was purchased? Explain,

+1

Answers (1)

Know the Answer?

Rosario · Answer 1

y=930 x 075^x

Step-by-step explanation:

y is the price after the amount of years x being plugged into the equation. 930 is what you started with. 7.5 is what is being decreased so divide that by 100 and you get 0.075 plug in the amount of years into x and you have your equation

The value of a piece of equipment is decreasing at a rate of 7,5% yearly. If the equipmentwas valued at $930 when it was purchased, which function represents the value of theequipment x years after it was purchased? Explain,

The value of a piece of equipment is decreasing at a rate of 7,5% yearly. If the equipment

was valued at $930 when it was purchased, which function represents the value of the

equipment x years after it was purchased? Explain,