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Mathematics, 06.11.2020 23:50 JxySwa3

3. The new iPhone 12 Pro max costs $1099. On average, it depreciates in value by about 30% each year. Which function below best represents the value of the iphone, V(t), where t is the number of years?
(1) V(t) = 1099(1.3)
(3) V(t) = 1099(1.03)
(2) V(t) = 1099(0.70) (4) V(t) = 1099(0.97)

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