Jason estimates that his car loses 12% of its value every year. The initial value is 12,000. Which best describes the graph of the function that represents the value of the car after X years ?

sailorlyts14eh

sailorlyts14eh

Answered question

2022-09-03

Jason estimates that his car loses 12% of its value every year. The initial value is 12,000. Which best describes the graph of the function that represents the value of the car after X years ?

Answer & Explanation

barquegese2

barquegese2

Beginner2022-09-04Added 11 answers

Every year, the car's value gets multiplied by 0.88, so the equation that gives the value, y, of the car after x years is
y = 12000 ( 0.88 ) x
graph{ 12000 ( 0.88 ) x [ 5 , 20 , 5000 , 15000 ]}

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