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Billy said that the depreciation value S(in dollars) of his upgraded Rav4 after t years...

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Billy said that the depreciation value S(in dollars) of his upgraded Rav4 after t years can be modeled by S(t) = 28000 (0.8)t.What is the rate of depreciation after 1 year?Write your answer to two decimal places.Billy said that the depreciation value S(in dollars) of his upgraded Rav4 after t years can be modeled by S(t)= 28000 (0.8)t.What is the rate of depreciation after 5 years?Write your answer to two decimal places.

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