Jeffrey is buying a used BMW for $17,000. The value of the car depreciates 5% per year from the time he bought the car. The value of Jeffrey's car, V(t), can be represented by which of the following functions? Select all that
apply
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V(t) = 17,000(1 +.05)
Vt) = 17,000(1 - .05)
V(t) = 17,000(0.95)'
V(t) = 17,000(1.05)
Yes No
Yes No
Yes No