An investment is initially worth $11,100. Write a formula for the function V(t) representing the value of this investment after

t years in each of the following situations:

A) The value decreases by $889 per year.

B) The value increases by $899 per year.

1 answer

A. V(t) = Vo - 899t.
Vo = Initial value.

B. V(t) = Vo + 899t.