Billy said that the depreciation value S(in dollars) of his

Last updated: 7/19/2022

Billy said that the depreciation value S(in dollars) of his upgraded Rav4 after t years can be modeled by S(t) = 28000 (0.8)t. What is the rate of depreciation after 1 year? Write your answer to two decimal places. Billy said that the depreciation value S(in dollars) of his upgraded Rav4 after t years can be modeled by S(t) = 28000 (0.8)t. What is the rate of depreciation after 5 years? Write your answer to two decimal places.