Functions and Relations Question
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Grade 11 Functions and Relations CCSS: HSF-BF.A.2
A car depreciates by 15% annually. If its initial value is $20,000, which explicit formula models its value after n years?
- an=20,000·(0.15)n
- an=20,000·(0.85)n-1
- an=20,000·(0.85)n
- an=20,000-0.15n