Question:

A business estimates that the value V(t) of a certain piece

Last updated: 7/21/2022

A business estimates that the value V(t) of a certain piece

A business estimates that the value V(t) of a certain piece of office equipment is decreasing to the function V (t) = 65(0.8)^6 according where t represents the number of years that have elapsed since it was purchased, and V(t) is in dollars. Find this piece of equipment's value after 6 years. Round the answer to the nearest cent. $