A landscape company purchased a backhoe for $56,395. The value of the backhoe each year is 90%
Question:
V(t) = 56,395(0.9)t .
a) Graph the function.
b) Find the value of the backhoe after 0, 1, 3, 6, and 10 years. Round to the nearest dollar
c) The company decides to replace the backhoe when its value has declined to $30,000. After how long will the machine be replaced?
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Step by Step Answer:
a y 56395 085x b V t 56 39509 t V 0 56 39509 0 56 395 V 1 56 39509 1 50 ...View the full answer
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Related Book For 
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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