Name: SAT Math Help & School Math Mastery
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#14895

exponential

applications

medium

65 sec

The value of a new car is $25,000. The value of the car is expected to depreciate by $10%$ each year. Which equation models the estimated value of the car $V (t)$ , in dollars, $t$ years after it was purchased?

A.

$V (t) = 25000 (1.10)^{t}$

B.

$V (t) = 25000 (0.90)^{t}$

C.

$V (t) = 25000 (10)^{t}$

D.

$V (t) = 10 (25000)^{t}$