AIR MATH

Math Question

Deepak bought a new car at the dealership for \( \$ 25,000 \). It is estimated that the value of the car will decrease \( 9 \% \) each year. Which exponential function models the value \( v \) of the car after \( t \) years?
A. \( v=25,000(0.1)^{t} \)
B. \( v=25,000(1.09)^{t} \)
C. \( v=25,000(0.91)^{t} \)
D. \( v=25,000(1,9)^{t} \)

Solution

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