Robert is considering purchasing a manufactured home that costs $76,900. If he expects the home value to decrease 5% each year, which function will show the value of Robert's manufactured home in t years?
A.
V(t) = $80,745t
B.
V(t) = $76,900(0.95)t
C.
V(t) = $76,900(1.05)t
D.
V(t) = $76,900(-0.95)t
Answer:
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