. Salvage Value. A landscape company purchased abackhoe for $56,395. The value of the backhoe...
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. Salvage Value. A landscape company purchased abackhoe for $56,395. The value of the backhoe eachyear is 90% of the value of the preceding year. Aftert years, its value, in dollars, is given by the exponen-tial functionV(t) = 56,395 (0.9)'.Ia) Graph the function.b) Find the value of the backhoe after 0, 1, 3, 6, and10 years. Round to the nearest dollar.
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