Question

The price of a car that was bought for $20,000 has depreciated 8% yearly.
Write a model to describe the value of the car.

A.f(t)=20,000(0.92)t

B.f(t)=20,000(1.92)t

C.f(t)=20,000(0.08)t

D.f(t)=20,000(1.08)t

Answer 1

Step-by-step explanation:

$\sf{ \longmapsto \: D.f(t)=20,000(1.08)t}$