A print shop purchases a new printer for $25,000. The equipment depreciates at a rate of 5% each year. The relationship between the value of the printer, y, and the year number, x, can be represented by the equation, [Math Processing Error]. Complete the table below with the value of the printer, to the nearest cent, in years 1, 2, and 3. Include proper decimals and commas in your answer and show your answer to the nearest cent. x y

0 $25,000.00

1 $

2 $

3 $

Awnser

Part 1) For x=1 year,    

Part 2) For x=2 years,    

Part 3) For x=3 years,    

Step-by-step explanation:

we know that

The  formula to calculate the depreciated value  is equal to  

where  

y is the depreciated value  

P is the original value  

r is the rate of depreciation  in decimal  

x  is the number of years  

in this problem we have  

substitute

Part 1) Find the value of the printer, to the nearest cent, in year 1

so

For x=1 year

substitute in the exponential equation

Part 2) Find the value of the printer, to the nearest cent, in year 2

so

For x=2 years

substitute in the exponential equation

Part 3) Find the value of the printer, to the nearest cent, in year 3

so

For x=3 years

substitute in the exponential equation

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step-by-step explanation:

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