Dan bought a truck for $29,800. The value of the truck depreciated at a constant rate per year. The table below shows the value of the truck after the first and second years:
Year 1 2
Value (in dollars) 26,522 23,604.58
Which function best represents the value of the truck after t years?
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f(t) = 29,800(0.89)t
f(t) = 26,522(0.89)t
f(t) = 29,800(0.11)t
f(t) = 26,522(0.11)t
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