Name: SAT Math Help & School Math Mastery
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#15095

functions

exponential

applications

easy

45 sec

The value of a certain piece of equipment decreases by $15%$ each year. If the initial value of the equipment is $5000, which equation models the value of the equipment, $V (t)$ , after $t$ years?

A.

$V (t) = 5000 (0.15)^{t}$

B.

$V (t) = 5000 (0.85)^{t}$

C.

$V (t) = 15 (5000)^{t}$

D.

$V (t) = 0.85 (5000)^{t}$