Solution:
Given:

The value of a car after t - years will depreciate.
Hence, the equation given represents the value after depreciation over t-years.
To get the rate, we compare the equation with the depreciation formula.

Hence,

Therefore, the value of this car is decreasing at a rate of 6%. The purchase price of the car was $16,300.
Answer:
the correct answer is 33.33%
The correct answer would be the 2nd option because it increases by a specific amount every X value.
Answer:
4
Step-by-step explanation:
hope this helps and have a great day