Answer:
A.The decrease in the value of the truck which is 12%.
Step-by-step explanation:
We are given that a function
Where f(x) represents the value o a truck in dollars after x years.
We have to find that 0.88 what represents in the given function.
Substitute x=0 then we get
The value of a truck initially=$29,000
The value of any object after x years is given by
Where a= Initial cost of object
r (in %)=Decrease in the value of object
x=Time ( in years)
When time spend the value of truck decreases.
By comparing the value then we get
Hence, the decrease in the value of the truck which is 12%.
Option A is true.