8
QuizMultiple Choice
Modeling with Functions
Question 8 of 10 • FL-1200330-Algebra 2
A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximate value of the car 5 years after it is purchased?
Answer
A
, or approximately $11,093
B
, or approximately $17,500
C
, or approximately $18,984
D
, or approximately $24,575