Math help plz?

Posted on 2015-11-19 06:43:00 in Math by PAVEL

A) The salvage value S (in dollars) of a company limousine after t years is estimated to be given by the formula below. Use the formula to answer the questions (round your answers to the nearest cent).

S(t) = 800,000(0.9)^t

1. What is the rate of depreciation (in dollars per year) after 1 year?

2. What is the rate of depreciation (in dollars per year) after 5 years?

3. What is the rate of depreciation (in dollars per year) after 10 years?

Pls show me how you got the answer, will award best answer. thanks

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