Question

A car is bought at the price of $45,000. The price decreases at the rate of .25 every year (t). Which equation matches this exponential model?
A)

f(t) = 45(.75)t

B)

f(t) = 45,000(.75)t

C)

f(t) = 75(45,000)t

D)

f(t) = (t)(.75)45,000

Answer 1

B. f(t) = 45,000(.75)t