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Mathematics, 11.04.2020 21:29 sammiehammer

After a new $28,000 car is driven off the lot, it begins to depreciate at a rate of 18.9% annually.

Which function describes the value of the car after t years?

C(t)=28,000(1.575)t
C(t)=28,000(0.811)t
C(t)=28,000(0.158)t
C(t)=28,000(0.189)t

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After a new $28,000 car is driven off the lot, it begins to depreciate at a rate of 18.9% annually.<...
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