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Answer:
(a) f(x) = 85(1 – 0.25)^x
Step-by-step explanation:
The growth rate is -25%, so the growth factor is 1-25% = 1 - 0.25.
Each increase in the number of previous owners causes the value to be multiplied by this growth factor, so the overall multiplier is (1 -0.25)^x
The value is the initial value times this multiplier:
f(x) = 85(1 -0.25)^x . . . . matches the first choice