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14-03-2024
Computers and Technology

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You buy a new computer for $2,000. The value of your computer decreases at a rate of 5% per year. Which function equation can be used to model the value of your computer?
1) V(t) = 2000(0.95)ᵗ
2) V(t) = 2000(1.05)ᵗ
3) V(t) = 2000(0.05)ᵗ
4) V(t) = 2000(1.5)ᵗ

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