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, y = 25,000 • 0.95 x .
Complete the table below with the value of the printer, to the nearest cent, in years 1, 2, and 3. Include proper commas and decimals in your answer.
x y
0 25,000
1 a0
2 a1
3 a2
Complete the table below with the value of the printer, to the nearest cent, in years 1, 2, and 3. Include proper commas and decimals in your answer.
x y
0 25,000
1 a0
2 a1
3 a2