1. The graph shows the value v (in dollars) of a car over time t (in years). Baseđon the graph, which statement is true?
Value of a Car
Value (dollars)
30,000
(o, 22,500)
20,000
(1, 21,375)
10,000
0
4
20 t
8 12
16
Time (years)
A. The value of the car decreases by 25% each year.
B. The value of the car can be modeled by the function v = 22,500(.95)
C. After 14 years, the car will be worth $10,000.
D. The value of the car decreases by $5000 each year.