Name: SAT Math Help & School Math Mastery
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#14306

exponential

applications

medium

75 sec

The value of a car purchased for $25,000 is predicted to decrease by 15% each year. Which of the following functions models the value of the car, $V (y)$ , in dollars, $y$ years after it was purchased?

A.

$V (y) = 0.15 (25000)^{y}$

B.

$V (y) = 25000 (0.15)^{y}$

C.

$V (y) = 25000 (0.85)^{y}$

D.

$V (y) = 0.85 (25000)^{y}$