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.
i’m not from kentucky but it’s A
lmk if you need me to explain
I think its B
that's THINK i'm not completely sure
That is really easy how don't you know