Jane bought a car for $30,303. the value of the car depreciated at a constant rate per year. the table below shows the value of the car after the first and second years: year 1 2 value (in dollars) 25,757.55 21,893.92 which function best represents the value of the car after t years? f(t) = 25,757.55(0.85)t f(t) = 30,303(0.85)t f(t) = 30,303 (0.15)t f(t) = 25,757.55 (0.15)t

The correct option is 2.

Step-by-step explanation:

It is given that Jane bought a car for $30,303. The value of the car depreciated at a constant rate per year.

The exponential growth and decay function is defined as

Where, P₀ is initial value and r is growth rate.

The initial value of car is $30,303. Let the rate of depreciation be x%.

It means rate of depreciation is 15%. Since the value of car decreased by 15% per year, therefore growth rate is -0.15.

Therefore option 2 is correct.

step-by-step explanation:

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