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Wite down an exponential function of the form y v0bt

A delivery truck is purchased new for $54,000.

a. Compose a linear function of the form y = mt + b to represent the value y of the vehicle t years after purchase. Assume that the vehicle is depreciated by $ 6750 per year.

b. Suppose that the vehicle is depreciated so that it holds 70% of its value form the previous year. Write down an exponential function of the form y = V₀b^t, where V₀is the initial value and t is the number of years after purchase.

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Mathematics: Wite down an exponential function of the form y v0bt

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