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11 September, 19:58

The function P (t) = 5,000 (0.93) t is the value of a motor scooter t years after it is purchased. Which of the following values show the annual depreciation of the value of the motor scooter?

93

-7

50

7

+2
Answers (1)
  1. 11 September, 20:08
    0
    P (t) = 5,000 (1-r) t

    P (t) = 5,000 (1-7%) t

    P (t) = 5,000 (0.93) t

    The annual depreciation rate is 7%
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