Jack and Jill are beginning a lawn care business. They have purchased a zero turn radius riding lawn mower for $6,500. For tax purposes, its value is expected to depreciate at a rate of 15% annually. Which function represents the value of the riding lawn mower in dollars, V(t), as a function of elapsed time in years, t? 1 A V(t) = (0.85)* V(t) = 15(6500) V(t) = 6500(0.85)t V(t) = 6500(0.15)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 16SE: For the following exercises, consider this scenario: A town has an initial population of 75,000. It...
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Jack and Jill are beginning a lawn care business. They have purchased a zero turn radius riding lawn mower for
$6,500. For tax purposes, its value is expected to depreciate at a rate of 15% annually. Which function
represents the value of the riding lawn mower in dollars, V(t), as a function of elapsed time in years, t?
1
A
V(t) = (0.85)*
V(t) = 15(6500)
V(t)
= 6500(0.85)
V(t) = 6500(0.15)t
Transcribed Image Text:Jack and Jill are beginning a lawn care business. They have purchased a zero turn radius riding lawn mower for $6,500. For tax purposes, its value is expected to depreciate at a rate of 15% annually. Which function represents the value of the riding lawn mower in dollars, V(t), as a function of elapsed time in years, t? 1 A V(t) = (0.85)* V(t) = 15(6500) V(t) = 6500(0.85) V(t) = 6500(0.15)t
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